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/1/
Ratings agency Moody's upgraded the outlook on Botswana's A2 rating,.....
Source: Business Report
/2/
A lucrative stake in the country's first indigenous bank has emerged as the apple of discord in the ongoing conflict between Botswana Building Society (BBS) and one of its key shareholders, Bifm Capital.
Source: The Monitor
/3/
Local commercial banks are continuing to post positive financial year end results despite the unsettling economic conditions globally and the slow recovery by Botswana.
Source: The Botswana Gazette
/4/
Botswana's central bank said on Tuesday it was keeping its bank rate at 9.5 percent.
"The current state of the economy and the assumptions on both the domestic and external economic outlook ... suggest that maintaining the prevailing level of interest rates is consistent with the achievement of the bank's 3- 6 percent inflation objective in the medium term," it said in a statement.
Source: Reuters
+1 by sussie,
+1 by Victor
/5/
Absa and Barclays, which controls the Johannesburg-based bank, have started selling insurance in Botswana as they plan to co-operate more closely to expand in other African countries.
Source: Business Report
+1 by Branson
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