Mmegi

BoB looks to soften monetary policy stance

New broom: Moseki has a challenging road to navigate in terms of monetary policy and supporting economic activity
New broom: Moseki has a challenging road to navigate in terms of monetary policy and supporting economic activity

The Bank of Botswana (BoB) will continue with an accommodative monetary policy stance in 2026 which means it will generally look for opportunities to ease interest rates and support economic activity.

This stance is made possible by expectations that inflation will remain within the three to six percent range this year.

Presenting the 2026 Monetary Policy Statement earlier today, central bank governor, Lesego Moseki, hinted that banks were required to align their lending rates to the Bank of Botswana’s interest rate trajectory.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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