Banks continue to tighten screws

Earlier this year, BoB released P 2. 3 bn into the market
Earlier this year, BoB released P 2. 3 bn into the market

While the Monetary Policy easing might have been a welcome development for consumers, commercial banks are finding it hard to exceed or reach their targets because of this.

This has compelled banks to think of more innovative ideas in order to stay afloat and most importantly shift focus.

Lending rates have drastically gone down in the past two years. Laws and regulations, coupled with the economic situation, have also not made the already suppressed margins better.

Editor's Comment
Respect public institutions Mr Pres

Leaders must uphold the rule of law and ensure justice, but Masisi’s remarks raise serious concerns on the separation of powers and the independence of the justice system.Masisi’s claim that he personally instructed authorities not to handcuff Khama, regardless of the legal circumstances, undermines the principles of justice and equality before the law.As Head of State, Masisi should respect the judicial process and avoid interfering in...

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