Liquidity constraints slows residential market
Thursday, January 29, 2015
Vantage Properties director, Sethebe Manake told Mmegi Business that the sector was most affected by this change because of its reliability on household income and individual affordability. “This is a sector which has a high transaction rate therefore more volatile when changes in the market happen,” she said.
Liquidity has considerably dried up in the banking sector, dropping sharply from 2006 when excess liquid assets made up 45 percent of bank assets to just six percent by the end of 2013.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...