Interest rates unchanged

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The Bank of Botswana last week decided to keep interest rates unchanged, a development that will be good news for borrowers.

In a statement released after a Monetary Policy Committee (MPC) meeting, the central bank announced on Friday that the bank rate would be maintained at 7.5 percent.

The bank said the current state of the economy, domestic and external economic prospects as well as the inflation outlook suggest that the current policy stance is consistent with maintaining inflation within the Bank’s objective in the medium term.

Editor's Comment
Women in Politics caucus NGO, a welcome development

In the 2014 General Election, women who stood for parliamentary elections were a mere 17 out of a total of 192 aspirants, and sadly the number dropped to 11 out of 210 parliamentary aspirants in the 2019 General Election. Hopefully, registration of the Women in Politics Caucus will give women the necessary support to join politics. While things were slowly improving, women for a long time were at the receiving end as compared to their male...

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