Bank Of Botswana
   HOME

TheInfoList



Click Here for Items Related To - Bank Of Botswana
OR:
Bank Of Botswana on:   [Wikipedia]   [Google]   [Amazon]

The Bank of Botswana (BoB) is the
central bank 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 b ...
of
Botswana Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label= Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalaha ...
. 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 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 y ...
* January 1981 - June 1987:
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 cele ...
* July 1987 - 1997: Christopher H. L. Hermans * July 1997 - September 1999: Baledzi Gaolathe * October 1999 - 2016:
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 ...
* 21 October 2016 – present: Moses Pelaelo


See also

* Central banks and currencies of Africa *
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 inde ...
*
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 Minister ...
*
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 (1 ...


References


External links


Bank of Botswana official site
Botswana Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label= Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalaha ...
Economy of Botswana Government of Botswana Banks of Botswana Banks of Gaborone Banks established in 1975 1975 establishments in Botswana {{Botswana-stub