BoB counts losses from Russian sanctions
Wednesday, August 03, 2022 | 1630 Views |
According to the central bank’s 2021 Annual Report released last week, by the end of last year, the BoB held P9.1 million in bonds and P147.6 million in equities in Russia.
However, following sanctions against Moscow by the United States, the European Union and others, as well as the exclusion of that country’s banks from the global financial networks, the BoB had moved to liquidate its position in the Russian holdings.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...