Commercial banks to use study against tariff moratorium

"Should the study point out that Botswana is any more expensive that any other country, we would mitigate against the moratorium,"he said. He said the moratorium slapped on banking tariffs by the Bank of Botswana as the regulator comes at a time when the industry is embarking on a tariff study. He said the moratorium is not a welcome development and they would have loved BoB to effect it after their tariff study. He explained that the association would conduct its study in the country and within the region (neighbouring countries) by comparing tariff charges.

"Bank of Botswana, the regulator communicated well with the industry and is well within its rights,” he said in reference to the tariff moratorium. Mabusa said they would leverage on the study to have the moratorium lifted.