Banks set for record profits
Tuesday, February 21, 2023 | 880 Views |
Capital central: The Bank of Botswana oversees all commercial banks in the country PIC: MORERI SEJAKGOMO
Previously, the highest after-tax profits the banks enjoyed was in 2018 at P2.02 billion.
Bank of Botswana (BoB) figures released recently indicate that in the first 11 months of last year, the country’s commercial banks raised their net interest incomes to P4.6 billion, nearly 15% above the corresponding period in 2021.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...