Botswana June credit growth slows, still over target

(Reuters) - Botswana credit demand growth slowed to 17.5 percent year-on-year in June, but remained above the central bank's target range, official data showed on Tuesday.

The central bank said growth in commercial bank credit eased from 20.6 percent year-on-year in May, largely due to a sharp decline in credit growth to the business sector.


Read more at Reuters Africa

African Copper says hedged sales at $3 per lb

(Reuters) - Prospective copper miner African Copper has forward sold 5,850 tonnes of copper from its Botswana operations at $3 per lb.

The hedge will run between April and December 2008, Chief Executive Jospeh Hamilton said on Friday.


Read more at Reuters Africa

Botswana may up bond issuance to mop up liquidity - c.bank

(Reuters) - Botswana will likely issue more domestic bonds to mop up excess liquidity in its financial system, Botswana's central bank governor said on Thursday.

Although Botswana's inflation rate has been slowing, Governor Linah Mohohlo said she was concerned by forecasts showing that liquidity would continue to grow.


Read more at Reuters Africa