FNBB expects interest rates to drop
Tuesday, February 11, 2020
Speaking at a post-budget review, Gomolemo Basele, a quantitative analyst with FNBB, said the bank expected to trend low this year, giving room for the Bank of Botswana to lower the bank rate.
The bank rate is the benchmark against which all other rates in the market, both lending and deposit, are set against.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...