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ECONOMY SINKING DEEPER BoB hikes bank rate to 5,5%

Gorataone Kgosimore by Gorataone Kgosimore
May 5, 2026
in Business
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Cautions some banks for over-adjusting rates, penalties looming Central Bank keen on stabilising market liquidity amidst crunch Tough times as inflation continues to rise, pockets are running dry BAKANG TIRO editors@thepatriot.co.bw In an unexpected development, the Monetary Policy Committee (MPC) of the central bank has decided to hike the borrowing rate from 3.5 % to…

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  • UDC faces mounting pressureAugust 27, 2026
      ‘Agro-processing, manufacturing, tourism and knowledge-based services are new sources of employment and export earnings’ – AfDB BAKWADI LEKOPANE RelatedPosts UDC faces mounting pressure P250 million NPF case Ndzinge wants separate trial Botswana’s Immigration Crisis Fake documents cartels rule… Read more: UDC faces mounting pressure
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  • Think bigger; lead courageously – Dr MoswateAugust 26, 2026
    STAFF WRITER editor@thepatriot.co.bw RelatedPosts Think bigger; lead courageously – Dr Moswate Letshego customer deposits hit P2.5 billion China wins Khama over The Botswana Institute of Banking & Finance [BIBF] has been praised for developing and launching the country’s first… Read more: Think bigger; lead courageously – Dr Moswate
  • Letshego customer deposits hit P2.5 billionAugust 26, 2026
    Group resilient as SADC core markets remain stronger Focused on stabilsing business in the first half of 2026 Letshego optimistic on banking license BAKANG TIRO editors@thepatriot.co.bw RelatedPosts Think bigger; lead courageously – Dr Moswate Letshego customer deposits hit P2.5… Read more: Letshego customer deposits hit P2.5 billion
  • Botswana’s Immigration Crisis Fake documents cartels ruleAugust 26, 2026
    Many foreigners holding fake work permits, Omang Mokgware concerned, govt seek to dismantles cartels Fake document holders’ scam microlenders, furniture shops BAKANG TIRO editors@thepatriot.co.bw RelatedPosts UDC faces mounting pressure P250 million NPF case Ndzinge wants separate trial Botswana’s Immigration… Read more: Botswana’s Immigration Crisis Fake documents cartels rule
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