Banks' honeymoon coming to an end
Friday, June 11, 2010
Making abnormally massive profits should soon be over for Botswana's commercial banks, thanks to the Bank of Botswana's decision to adopt a low interest rate regime, analysts reckon.
Largely due to the high interest rate regime that has been in place for over a decade, banks in Botswana have been making super profits by comparison with their peers in the region.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...