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
Bravo BDF for the first step addressing GBV

The statement, whilst some may say, comes a little bit too late, is timely as gender-based violence (GBV) continues to haunt the country. A week hardly passes without reports of a wife, a girlfriend or boyfriend being killed by their intimate partners. Just recently, a high-ranking officer stationed at Glen Valley Barracks reportedly murdered his wife and has so far managed to evade arrest. It is also alleged that another soldier murdered his...

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