Mmegi

BoB leans towards looser rate stance

Friday, February 23, 2024 | 340 Views |

New broom: Dekop says the bank will continue its accommodative monetary policy stance this year PIC: PHATSIMO KAPENG

The Bank of Botswana will continue an accommodative monetary policy stance this year, indicating that it will look for opportunities to lower interest rates to support economic activity, BusinessWeek has learnt.

The central bank has generally maintained an accommodative monetary policy stance for years, only breaking the trend in 2022 when 14-year high inflation forced interest rate hikes of 151 basis points.

The looser monetary policy stance is aimed at encouraging more private sector spending through lower interest rates, which in turn perks up economic activity such as job creation.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Bank of Botswana

Man accused of murdering mother fails to meet bail conditions

Larona Makhaiza | 1d ago

Police, BDF in softball qualifiers shootout

Calistus Kolantsho | 1d ago

Welfare storm rocks Mares’ COSAFA campaign

Kabelo Boranabi | 1d ago

Bench swap fuels spice to Galaxy, GU title war

Kabelo Boranabi | 1d ago

De Beers, Stanford Graduate of School of Business renew partnership

Larona Makhaiza | 2d ago

'Next time, don’t report to the police, figure out where to go'

Larona Makhaiza | 2d ago

Food inflation speeds up

Mbongeni Mguni | 2d ago

Rollers launches 'Adopt-A-Player' to ease financial burden

Kabelo Boranabi | 18 Feb 2026

A collective responsibility to end FMD spread

As cases continue to threaten herds and rural livelihoods, one simple but critical action can make a powerful difference: strictly adhering to FMD regulations, including refraining from slaughtering cloven-hoofed animals.Cloven-hoofed animals, such as cattle, sheep, goats, and pigs, are highly susceptible to FMD. Slaughter, especially during outbreaks or restricted periods, significantly increases the risk of spreading the virus through...

The Monitor Editor | 17 February 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More