We Need A Diversified Banking Sector

We wish to welcome the new Governor as he starts  his  chapter. We hope he will have a lasting legacy like his precessors. Pelaelo takes over at a time when Botswana is grappling with unemployment.

Surely, BoB’s duty in the current situation is more than just  monitoring inflation, but most importantly exploring immediate and long-term solutions that it can offer as  the banking regulator to  diversify the banking sector with a view to  creating  diverse players in the sector for job creation and attraction of foreign direct investment in this highly untapped sector  which has largely focused on commercial banks.