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Bank Of Botswana
The Bank of Botswana (BoB) is the central bank of Botswana. When Botswana gained independence from Britain in 1966, the country was part of the Rand Monetary Area (RMA). In 1974 Botswana withdrew from the RMA, and the Bank of Botswana and Financial Institution Acts established the legal framework for a central bank in Botswana to be established in July 1975, with Christopher H. L. Hermans as the first Governor. The pula was launched as a national currency in 1976, and in 1977 the Bank of Botswana became the government banker. The Bank manages Botswana's sovereign wealth fund, the Pula Fund. History Governors of the Bank of Botswana * July 1975 - 1978: Christopher H. L. Hermans * January 1978 - 1980: Brenton C. Leavitt * November 1980 - 1981: Festus Mogae * January 1981 - June 1987: Charles Nyonyintono Kikonyogo * July 1987 - 1997: Christopher H. L. Hermans * July 1997 - September 1999: Baledzi Gaolathe * October 1999 - 2016: Linah Mohohlo * 21 October 2016 – present: Mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moses Dinekere Pelaelo
Moses hbo, מֹשֶׁה, Mōše; also known as Moshe or Moshe Rabbeinu (Mishnaic Hebrew: מֹשֶׁה רַבֵּינוּ, ); syr, ܡܘܫܐ, Mūše; ar, موسى, Mūsā; grc, Mωϋσῆς, Mōÿsēs () is considered the most important prophet in Judaism and one of the most important prophets in Christianity, Islam, the Druze faith, the Baháʼí Faith and other Abrahamic religions. According to both the Bible and the Quran, Moses was the leader of the Israelites and lawgiver to whom the authorship, or "acquisition from heaven", of the Torah (the first five books of the Bible) is attributed. According to the Book of Exodus, Moses was born in a time when his people, the Israelites, an enslaved minority, were increasing in population and, as a result, the Egyptian Pharaoh worried that they might ally themselves with Egypt's enemies. Moses' Hebrew mother, Jochebed, secretly hid him when Pharaoh ordered all newborn Hebrew boys to be killed in order to reduce the population of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Linah Mohohlo
Linah Kelebogile Mohohlo (13 February 1952 – 2 June 2021) was a Botswana banker and university chancellor. She was the first female Governor of the Bank of Botswana from 1999 to 2016. She was also the first female Chancellor of the University of Botswana, serving from 2017 to 2021. Mohohlo was a member of the Commission for Africa. She was also part of the Africa Progress Panel (APP), a group of ten individuals who advocate for equitable and sustainable development in Africa. Education Mohohlo was born on 13 February 1952. She completed a diploma in accounting and business at the University of Botswana, a bachelor's degree in economics at George Washington University,and a master's degree in finance and investment at University of Exeter. She also took part in an executive management programme at Yale University. Career Mohohlo was the Governor of the Bank of Botswana from 1999 to 2016, following a 23-year career with the Bank, during which she worked in support and poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Gaborone
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Botswana
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Central Banks
. Central banks Central banks Central banks This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Disappeared central banking jurisdictions * – Bank of Amsterdam (1609-1791) * – Taula de canvi de Barcelona (1401-1714) * – East African Currency Board (1919-1966) * – (''Hrvatska Državna Banka'', 1941-1945) * – National Bank of Czechoslovakia (1926–1939 and 1945-1950) and State Bank of Czechoslovakia (1950–1992) * – (1854-1875) * – Bank of Saint George (1407-1805) * – (1948-1968) and Staatsbank der DDR (1968-1990) * – Hamburger Bank (1619-1875) * – Bank of Korea (1909–1950) * – Central Bank of Manchou (1932-1945) * - Bank of Issue in Poland (1940-1945) * – (1765-1846) and (1847-1875) * – (1849-1861), itself formed through the merger of (1846-1849) and Banca di Torino (1847-1849) * – National Bank of Vietnam (1954-1975) * – Banco di Napoli, under di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (Botswana)
The Ministry of Finance is the Botswana government ministry which formulates financial and economic policies and oversees effective coordination of Government financial operations. , the minister is Peggy Serame. Current and previous Ministers Ministers of Finance of the Botswana since 1965: See also * Government of Botswana The Government of Botswana often abbreviated as GOB, is the union government created by the constitution of Botswana having the executive, parliament, and the judiciary. The Seat of the Government is located in Gaborone, Botswana. The governmen ... * Ministry of Transport and Communications References External links Official website {{Ministries of Botswana Government ministries of Botswana Finance ministries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Botswana
The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6-7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves. Botswana's impressive economic record compared to some of its neighbors has been built on a foundation of diamond mining, prudent fiscal policies, and a cautious foreign policy. Botswana's economy is mostly dependent on diamond mining. Diamond mining contributes to 50% ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Banks And Currencies Of Africa
There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender. Below is a list of the central banks and currencies of Africa. See also * Africa * Economy of Africa * List of African countries by GDP (nominal) * List of African stock exchanges * List of currencies in Africa African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced thei ... References World Economic Outlook Database, October 2012 International Monetary Fund. Accessed on October 10, 2013. {{DEFAULTSORT:Central Banks And Currencies Of Africa Africa-related lists Currencies of Africa [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Nyonyintono Kikonyogo
The C.N. Kikonyogo Money Museum is a Ugandan museum showcasing the numismatic heritage of the country and is operated by the Bank of Uganda. It is located at Plot 45 Kampala Road, Kampala. History and etymology As part of its 40th anniversary celebrations, the central bank opened the museum on 15 August 2006. The museum was named after Charles Nyonyintono Kikonyogo, the 8th governor of the Bank of Uganda, in recognition of his contribution to Uganda's economy. Collection The museum is located within the premises of the central bank and is open to the general public, at no cost. Its collection comprises commemorative coins and medals, pre-money items used in the area that comprises present-day Uganda protectorate, Uganda's early forms of currency such as the rupee as well as both historical and contemporary notes and coins among others. It also holds historical prints, publications and photos that showcase the history of the bank. As of 2020, the museum was listed as having part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Botswana
The Government of Botswana often abbreviated as GOB, is the union government created by the constitution of Botswana having the executive, parliament, and the judiciary. The Seat of the Government is located in Gaborone, Botswana. The government is led by the president (currently Mokgweetsi Masisi). Executive This section defines the executive branch including the President, Vice President, and Cabinet. The President The President is the chief executive of the state. The President is elected president by members of the National Assembly. These members state on the ballot who they would support for President if elected, and after election to the National Assembly vote for whomever they indicated they would elect as President. The President has the following requirements: (a) is a citizen of Botswana by birth or descent; (b) has attained the age of 30 years; and (c) is qualified to be elected as a Member of the National Assembly. The Presidents term is limited up to 10 years, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Festus Mogae
Festus Gontebanye Mogae (born 21 August 1939) is a Botswana politician and economist who served as the third President of Botswana from 1998 to 2008. He succeeded Quett Masire as President in 1998 and was re-elected in October 2004; after ten years in office, he stepped down in 2008 and was succeeded by Lieutenant General Ian Khama. Biography Early life Mogae studied economics in the United Kingdom, first at University College, Oxford, and then at the University of Sussex. He returned to Botswana to work as a civil servant before taking up posts with the International Monetary Fund and the Bank of Botswana. He later then served as the governor of Bank of Botswana from 1980 to 1981. He served as the Minister of Finance from 1989 to 1998. He was Vice-President of Botswana from 1991 to 1998. Presidency Mogae's party, the Botswana Democratic Party (BDP), retained power in the October 1999 general election, and Mogae was sworn in for a five-year term on 20 October 1999 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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