<p><strong>Interest rate cut: Growing your wealth in a low interest environment</strong> – The central bank of Botswana is one of over 10 central banks in Africa to announce interest rate cuts in 2020, putting interest rates at a historically low level. <em><strong>(Echo)</strong></em></p><p><strong>Moratorium on debt for Africa? Be careful of unintended consequences</strong> – Africa is home to 41 of the International Monetary Fund’s 59 Low Income Countries. <em><strong>(Echo)</strong></em></p><p><strong>Afinitas shuts down Ethiopian based subsidiary</strong> - Botswana Stock Exchange listed Afinitas Limited has decided to close its Ethiopian based portfolio, EQOS Services, following an in-depth review of the company and its prospects for recovery post COVID. <em><strong>(The Monitor)</strong></em></p><p><strong>Absa Board appoints non-executive directors</strong> - Absa Bank Botswana Limited announces the appointment of three non-executive directors, Benjamin Kodisang, Cosmos Moapare and Sari Nikka, as members of the Absa Board of Directors. <em><strong>(The Monitor)</strong></em></p><p><strong>CEDA launches Letlhabile Stimulus</strong> - CEDA has launched Letlhabile, a stimulus programme that will specifically focus on uplifting the informal sector. <em><strong>(The Monitor)</strong></em></p><p><strong>Stanbic bolsters support of SMME valid orders</strong> - Stanbic Bank Botswana continues to financially assist SMMEs through the purchase order finance platform. <em><strong>(The Monitor)</strong></em></p>
<p><strong>Interest rate cut: Growing your wealth in a low interest environment</strong> – The central bank of Botswana is one of over 10 central banks in Africa to announce interest rate cuts in 2020, putting interest rates at a historically low level. <em><strong>(Echo)</strong></em></p><p><strong>Moratorium on debt for Africa? Be careful of unintended consequences</strong> – Africa is home to 41 of the International Monetary Fund’s 59 Low Income Countries. <em><strong>(Echo)</strong></em></p><p><strong>Afinitas shuts down Ethiopian based subsidiary</strong> - Botswana Stock Exchange listed Afinitas Limited has decided to close its Ethiopian based portfolio, EQOS Services, following an in-depth review of the company and its prospects for recovery post COVID. <em><strong>(The Monitor)</strong></em></p><p><strong>Absa Board appoints non-executive directors</strong> - Absa Bank Botswana Limited announces the appointment of three non-executive directors, Benjamin Kodisang, Cosmos Moapare and Sari Nikka, as members of the Absa Board of Directors. <em><strong>(The Monitor)</strong></em></p><p><strong>CEDA launches Letlhabile Stimulus</strong> - CEDA has launched Letlhabile, a stimulus programme that will specifically focus on uplifting the informal sector. <em><strong>(The Monitor)</strong></em></p><p><strong>Stanbic bolsters support of SMME valid orders</strong> - Stanbic Bank Botswana continues to financially assist SMMEs through the purchase order finance platform. <em><strong>(The Monitor)</strong></em></p>
