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Botswana Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about Botswana Banking.
Latest Botswana Banking News
- FNBB strengthens customer relations 24 Nov 2009 06:17 GMT
... GABORONE - First National Bank Botswana (FNBB) has vowed to continue building and ... executive director, Ms Lorato Boakgomo-Ntakhwana at the banks dinner recently. Ms Boakgomo-Ntakhwana said a customer-focused culture ... should now be focused and deliver strategic banking solutions to their clients. Ms Boakgomo-Ntakhwana said ...
- Government Sovereign Debt Spirals 24 Nov 2009 21:11 GMT
... of its Faustian contract. When the European Central Bank's Jean-Claude Trichet said last week that ... the World Economic Forum, behind Egypt and Botswana. Greece has long been skating on thin ... jumped 40 basis points last week. Greek banks have borrowed €40bn from the ECB at 1pc, playing ...
- Botswana inflation 'still very high' 20 Nov 2009 14:55 GMT
... 20th November 2009 Updated 34 minutes ago Inflation in Botswana, which slowed in October but remains stubbornly ... target, is "still very high" and the central bank is committed to bringing it back ...
- China promises concessional loans to African countries 19 Nov 2009 10:34 GMT
... risks, and offering a complete range of banking solutions to these companies on the ground ... years. Much of this will be Chinese commercial bank financing and China’s commercial banks have both the liquidity and the appetite ...
- BoB Bank Rate Should Remain Constant to Boost Growth - Analysts 20 Nov 2009 23:50 GMT
... Analysts expect the interest rate to remain unchanged ... rejuvenate economic growth will also drive the central bank's Monetary Policy Committee to keep the bank ... Motswedi Securities. Meanwhile, BoB reports that total commercial bank deposits have fallen by five percent since ...
- African Markets - Factors to watch on Nov 19 19 Nov 2009 06:50 GMT
... Nov 19 (Reuters) - The following company announcements, scheduled economic ... of the 2010 budget, go to ZIMBABWE CENTRAL BANK Zimbabwe's parliament on Wednesday unanimously approved ... mines minister Maxwell Mwale said on Wednesday. BOTSWANA BEER Botswana's Sechaba Brewery Holdings posted a ...
- Visiting Stanchart Bosses Defend Risk Averse Strategy 20 Nov 2009 23:50 GMT
... International banking group, Standard Chartered Bank says that its ... is the major shareholder in Standard Chartered Botswana, said it's the banking group strategy not ... overtaken by other aggressive and risk taking banks , Sands who is based in London , ...
- Uranium and Gold Exploration Spending Both Down in Last Year 20 Nov 2009 06:13 GMT
... it's found a large new uranium province Botswana. In a possible case of "nearology," Impact ... and the Treasury have to get the banks to pay back TARP. That means the banks ... can continue to shovel liquidity into the banking sector to keep it fictitiously capitalised and ...
- It's good that Ministry of Education and Skills Development takes blame for loan defaulting 22 Nov 2009 20:30 GMT
... shamed big shots in government and corporate Botswana who had benefited from state’s tertiary funding. ... of a financier, just like the commercial banks would do. However, that did not scare thousands ...
- Julius Malema replies to Jeremy Cronin 19 Nov 2009 20:56 GMT
... wealth beneath the soil, monopoly industries and banks to the ownership of the people as a ... approach to Nationalisation of Mines is the Botswana model where De Beers is a 50% ...
- Tibone scoffs at Reatile over time wasting 19 Nov 2009 09:53 GMT
... Tibone scoffs at Reatile over time wasting The Assistant ... that, amongst other publications, the Bank of Botswana publishes monthly banking industry wide data in the Botswana financial ...
- Political Parties Shun Island 23 Nov 2009 12:32 GMT
... travelling to Impalila have to travel through Botswana by road and boat and they need ... extra N$60 to be transported from the banks of the Chobe River to their respective villages. ...
- Delta fish dispute 20 Nov 2009 10:31 GMT
... Increased tourism may help Botswana weather the storm brought on by the ... who live and work along the river's banks. In Samochima, a village close to the northeastern ...
- Greece tests the limit of sovereign debt as it grinds towards slump 22 Nov 2009 19:01 GMT
... of its Faustian contract. When the European Central Bank's Jean-Claude Trichet said last week that ... the World Economic Forum, behind Egypt and Botswana. Greece has long been skating on thin ... jumped 40 basis points last week. Greek banks have borrowed €40bn from the ECB at 1pc, playing ...
- USA - Credit guarantees from USDA 21 Nov 2009 01:11 GMT
... by guaranteeing payments due from approved foreign banks to exporters or financial institutions in the United ... million. Sub-Saharan Africa Region - Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central ...
- Govt determined to ensure infrastructure development 19 Nov 2009 03:37 GMT
... shops such as Mr Price and some banks. Mr Hakayobe who was accompanied by Livingstone District ... remained competitive with their neighbours in Zimbabwe, Botswana and Namibia. The Permanent Secretary also said ...
- Banks Launch VVIP Services 18 Nov 2009 04:37 GMT
... global recession begins to subside, local commercial banks are attempting to outclass one another as they ... income earners and creme del creme of Botswana. In a sign that demonstrates that indeed ... that have become the norm in local banking halls. Stanbic Bank raised its game on ...
- Botswana - The new bling 16 Nov 2009 04:36 GMT
... items. The price of gem diamonds plummeted. Botswana, the world's largest producer of gem diamonds, ... with the uncertainty associated with the downturn, banks have been tightening lending standards. For an economy ...
- Botswana to list Satrix 40, NewGold ETFs 17 Nov 2009 14:50 GMT
... Botswana to list Satrix 40, NewGold ETFs The ... 2009," Tsheole said. Absa Capital, the investment banking arm of South Africa's Absa Group, told ...
- Botswana to market its comparative advantage 16 Nov 2009 09:57 GMT
... GABORONE - Botswana will continue to market its comparative advantage ... controls, superior sovereign credit ratings and stable banking institutions that ensure adequate financial resources to ...
- Stanbic Bank launches private banking 16 Nov 2009 09:57 GMT
... GABORONE - Stanbic Bank last week launched private banking, a new product targeting an upper market. ... financial institution, which has been operating in Botswana for 17 years, was facing a number ...
- Abandoned Accounts Amount to P9.4 Million - BoB 16 Nov 2009 21:50 GMT
... the value of abandoned funds in local banks stands at P9.4 million. The bank was responding to ... over 4,000 abandoned bank accounts by the Central Bank last week. The Bank of Botswana ... the requirements of Section 39(1) of the Banking Act (CAP. 46:04): "'Where a customer's deposit, ...
- African Markets - Factors to watch on Nov 18 18 Nov 2009 06:50 GMT
... Nov 18 (Reuters) - The following company announcements, scheduled economic ... government bonds pared early gains after the central bank held rates steady. AFRICAN MARKETS For ... of the wildlife authority said on Tuesday. BOTSWANA MARKETS The Botswana Stock Exchange (BSE) aims ...
- Tsvangirai back on board, but for how long? 16 Nov 2009 15:50 GMT
... Tsvangirai back on board, but for how long? Published ... of senior government officials such as the central bank governor and Attorney-General. reports that South ... the Voice of America broadcasting in Zimbabwe. Botswana President Ian Khama on Friday lambasted Zanu-PF ...
- Govt gets World Bank loan 18 Nov 2009 05:59 GMT
... GABORONE - Botswana and the World Bank have signed a ... According to Mr Matambo, this is the banks first strategy for Botswana that comes in response ...
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