NDB struggles with loan repayments

Friday, September 29, 2017

The National Development Bank (NDB) says it continues to struggle to collect repayments of loans.

NDB chief executive officer, Lorato Morapedi told the media recently that for the year 2016/17 the actual collections were P115.8 million against a target of P210 million.

She said during the period, the bank disbursements were P122 million against a target of P210 million, noting that they have since slowed down on disbursements while focusing on the turnaround plan, which included reduction of non-performing loans.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

A personal farewell to my brother, mentor and comrade

BREWER KENOSI | 16 h ago

UBLS alumni association AGM in Gaborone

staff writer | 16 h ago

Pros, cons of cadre deployment

staff writer | 16 h ago

Boko’s time runs thin on the economy

Mbongeni Mguni,Pauline Dikuelo,Lewanika Timothy | 17 h ago

Makhadzi, promoter deal sees singer returning to SA

Larona Makhaiza | 20 h ago

Mainoo, Lacey raise the spirits but systemic change still required

The Guardian* | 20 h ago

The day I missed out on Old Trafford chants

Calistus Kolantsho | 21 h ago

Vultures rediscover winning formula

Calistus Kolantsho | 21 h ago

Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

The Monitor Editor | 03 November 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.