The Bank of Botswana’s Monetary Policy Committee (MPC) has unanimously maintained the country’s main interest rate at 3.5% for the second consecutive meeting. Addressing the media in Gaborone following the MPC meeting, Bank of Botswana Governor Lesego Moseki said the economy is expected to continue operating below full capacity in the short to medium term, resulting in subdued demand‑driven inflationary pressures.


Channel Africa’s Correspondent in Botswana, Shingirai Madondo, reports.

The Bank of Botswana&rsquo;s Monetary Policy Committee (MPC) has unanimously maintained the country&rsquo;s main interest rate at 3.5% for the second consecutive meeting. Addressing the media in Gaborone following the MPC meeting, Bank of Botswana Governor Lesego Moseki said the economy is expected to continue operating below full capacity in the short to medium term, resulting in subdued demand‑driven inflationary pressures.
 Channel Africa&rsquo;s Correspondent in Botswana, Shingirai Madondo, reports.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

Bank of Botswana's MPC leaves interest rate unchanged at 3.5%

Mozambique is hosting African trade ministers in Maputo for high‑level talks aimed at strengthening intra‑African cooperation and advancing a more inclusive continental trading system. The meeting, expected to adopt the Maputo Ministerial Declaration, seeks to align Africa’s trade priorities, amplify the continent’s collective voice in global negotiations and drive sustainable development and industrialisation across member states. Innocent Semosa spoke to Dr Wilker Dias.

Mozambique is hosting African trade ministers in Maputo for high‑level talks aimed at strengthening intra‑African cooperation and advancing a more inclusive continental trading system. The meeting, expected to adopt the Maputo Ministerial Declaration, seeks to align Africa&rsquo;s trade priorities, amplify the continent&rsquo;s collective voice in global negotiations and drive sustainable development and industrialisation across member states.&nbsp;Innocent Semosa spoke to Dr Wilker Dias.

Mozambique hosts trade ministers as they seek to strengthen intra‑African cooperation

Victor Kgomoeswana, author of Africa Is Open for Business and Africa Bounces Back, and the Executive Director for Marketing and Communication at the University of Limpopo, rounds up the business news that made headlines this week.

Victor Kgomoeswana, author of Africa Is Open for Business and Africa Bounces Back, and the Executive Director for Marketing and Communication at the University of Limpopo, rounds up the business news that made headlines this week.

Business round‑up with Victor Kgomoeswana, author and Executive Director for Marketing and Communication at the University of Limpopo

Ghana’s licensed cocoa‑buying companies are reported to owe banks up to $750 million, raising concerns about mounting liquidity pressures in the industry. Samuel Adimado, President of the Licensed Cocoa Buyers Association of Ghana, says the debt burden has grown partly because Cocobod, the country’s cocoa regulator, has increasingly channelled funds into non‑core activities such as road construction. As a result, licensed buyers have had to rely more heavily on bank loans to pre‑finance cocoa‑bean purchases.


Innocent Semosa spoke to the Economist and CEO of the innovation hub Agrico Hub, George Antwi‑Boasiako.

Ghana&rsquo;s licensed cocoa‑buying companies are reported to owe banks up to $750 million, raising concerns about mounting liquidity pressures in the industry. Samuel Adimado, President of the Licensed Cocoa Buyers Association of Ghana, says the debt burden has grown partly because Cocobod, the country&rsquo;s cocoa regulator, has increasingly channelled funds into non‑core activities such as road construction. As a result, licensed buyers have had to rely more heavily on bank loans to pre‑finance cocoa‑bean purchases.
 Innocent Semosa spoke to the Economist and CEO of the innovation hub Agrico Hub, George Antwi‑Boasiako.

Bank of Botswana's MPC leaves interest rate unchanged at 3.5%

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