Moses D Pelaelo: Botswana's 2020 Monetary Policy Statement Speech by Mr Moses D Pelaelo, Governor of the Bank of Botswana, at the launch of Botswana's 2020 Monetary Policy Statement, Gaborone, 25 February 2020. Central bank speech | 26 March 2020 Bank of Botswana Governor Moses Dinekere Pelaelo, has, however, previously told MPs this money never left the bank. 2. The Bank has released the December 2020 Business Expectations Survey (BES) Report. Central Bank Governors Following is a list of chief executives of 200 national central banks and monetary authorities. “As we enter 2020, many challenges face the new government. The governor highlighted that projections by the government indicate that domestic economic activity will expand by 4.3% and 4.6% in 2019 and 2020. When Botswana gained independence from Britain in 1966, the country was part of the Rand Monetary Area (RMA). At the meeting held on October 8, 2020, the Monetary Policy Committee (MPC) of the Bank of Botswana decided to reduce the Bank Rate by 50 basis points from 4.25 percent to 3.75 percent. Motshidisi left the Central Bank in January 2016 after serving the Bank for a period of 27 years, fifteen of which he was Deputy Governor. Francis X Nkhoma Jacob Mwanza 1995 - 2002. Caleb Fundanga 2002-2011. The rate has been reduced from 4.75 percent to 4.25 percent, a historic low level as he bank reacts to the economic hardships caused by the Covid-19 pandemic. Admin / September 24, 2020 / 3.8k. Jacques A Bussieres 1990 - 1992. "Accordingly, the MPC decided to reduce the bank rate by 50 basis points to 3.75 percent," he said. The central bank, Bank of Botswana (BoB), has disclosed in its annual December 2020 Household Indebtedness Survey that the total household debt amounted to P50.7 billion as of December 2019. Botswanan president Ian Khama has selected internal candidate, Moses Pelaelo, to take over as the new governor of the Bank of Botswana. “This may well still happen, but so far there has been no dramatic change visible,” the economists led by former Bank of Botswana Deputy Governor and respected economist, Dr Keith Jeffries, noted. Admin 2020-09-24. Inflation rose marginally from 0.9 percent in July to 1 percent in August 2020 and remained below the lower bound of the Bank's objective range of 3 - 6 percent. Botswana’s central bank reduced its benchmark interest rate by 50 basis points to 4.25 percent as part of a number of measures to mitigate the economic impact of the coronavirus outbreak. ... Oct 29 2020. Delivering BoB’s Monetary Policy Committee (MPC) report, the bank governor, Mr Moses Pelaelo indicated that the current state of the economy and the outlook for both domestic and external economic activity provide scope for easing monetary policy to support economic activity. Dominic Mulaisho 1992 - 1995. Shares. Moses Pelaelo, governor of the Bank of Botswana, said the current state of the economy and the outlook for both domestic and external economic activity provide scope for further easing monetary policy to support domestic economic activity. The Bank of Botswana (BoB) is the central bank of Botswana.. CURRENT GOVERNOR OF BANK OF ZAMBIA. Oct 28 2020. Current governor – Linah Mohohlo – is due to retire on October 20. The Bank of Botswana (BoB) interest rate was already at record lows due to benign inflation levels and modest domestic demand. “Accordingly, the MPC decided to reduce the bank rate by 50 basis points to 3.75% ,” he said. Mr. Christopher M. Mvunga Governor . PAST GOVERNORS OF BANK OF ZAMBIA. Rainey said the South African Reserve Bank … Read All. Find contact's direct phone number, email address, work history, and more. Botswana central bank maintains bank … View Moses Pelaelo's business profile as Governor at Bank of Botswana. The former Deputy Governor at Bank of Botswana, Oduetse Motshidisi has joined Barclays Bank of Botswana as one of the newly appointed independent non-executive directors of the Board of Directors. ... Isaac Kgosi and agent Welheminah Maswabi of looting P100 billion from the Bank of Botswana (BoB), Governor Moses Pelaelo has turned down a request from the trio to confirm or deny that there is any money missing from the central bank. The results suggest that firms were less pessimistic about economic activity in the fourth quarter of 2020 compared to the previous quarter while access to credit was anticipated to be tight across all markets. Moses Pelaelo, governor of the Bank of Botswana, said the current state of the economy and the outlook for both domestic and external economic activity provide scope for further easing monetary policy to support domestic economic activity. When announcing the decision on Thursday afternoon, BoB Governor, […] Bank of Botswana’s Monetary Policy Committee (MPC) has on Thursday slashed the bank rate by 50 basis points. Facebook Twitter Pinterest WhatsApp. In most cases, the chief executive is a governor but the function can also be held by a president or chairman. Financial Planning. Khama used social media on October 17 to confirm the deputy governor's promotion. Linah K Mohohlo is Former Chairman/Governor at Bank of Botswana. Project. Bank of Botswana Governor, Moses Pelaelo briefing the media on Monetary Policy Committee (MPC) Bank of Botswana is planning to reduce the read more company news. Mohohlo has read accounting and business, economics, finance … Linah Kelebogile Mohohlo is a Botswana banker. BoB survey has shown that the banks are the most owed comprising 88.6% of the loans. See Linah K Mohohlo's compensation, career history, education, & memberships. Michael M Gondwe 2011 - 2015. Dr Denny Kalyalya 2015 - 2020. 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