Banking sectors sails unchartered waters

The banking sector sailed untested waters in 2014 as banks experienced shortage of deposits and liquidity coupled with reduced profitability.

At the end of the first half of 2014, asset quality remained stable and within normal range, while earnings and interest income were stable but non-interest income margins were constrained.

In the same year, major banks continued to experience constrained profits throught the year with Barclays Bank of Botswana’s Profit After Tax (PAT), leading the pack as its profits tumbled for the third reporting period in a row.

Editor's Comment
Justice served, but healing must follow

His horrific actions, betraying the trust placed in him to protect children have rightly been met with the full force of the law. Whilst we commend the court’s decision, this case forces us to confront uncomfortable truths about safeguarding our children and the lifelong scars such abuse leaves.Magistrate Kefilwe Resheng’s firm sentencing sends a powerful message that those who harm children will face severe consequences. Her words rightly...

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