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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 Common Monetary Area, 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 Botswana pula, 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 The Bank of Botswana was established by a decision to withdraw from the South African rand, Rand Monetary Area (RMA) under which the South African rand had been the Legal tender, legal currency in Botswana since independence in 1966. in 1973 Sir Seretse Khama, appointed a Monetary Preparatory Commission. The decision to withdraw from the RMA wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Cornelius Karlens Dekop
Cornelius may refer to: People * Cornelius (name), Roman family name and a masculine given name * Cornelius the Centurion, Roman centurion considered by Christians to be the first Gentile to convert to the Christian faith * Pope Cornelius, pope from AD 251 to 253 * St. Cornelius (other), multiple saints * Cornelius (musician), stage name of Keigo Oyamada * Metropolitan Cornelius (other), several people Places in the United States * Cornelius, Indiana * Cornelius, Kentucky * Cornelius, North Carolina * Cornelius, Oregon Other uses * Cornelius keg, a metal container originally used by the soft drink industry * Adam E. Cornelius (ship, 1973), ''Adam E. Cornelius'' (ship, 1973), a lake freighter built for the American Steamship Company * ''Cornelius'', a play by John Boynton Priestley See also * * * Cornelius House (other) * Cornelia (other) * Corneliu (other) * Cornelis (other) {{disambig, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Festus Mogae
Festus Gontebanye Mogae (born 21 August 1939) is a Motswana 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 Seretse Khama 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 Octob ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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. As 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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. As 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 ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Central Banks
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show responsivenes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
List Of Central Banks
This is a list of central banks. Central banks by alphabetical order This is a list of central banks. Countries that are only partially recognized internationally are marked with an asterisk (*). Major central banks by currency allocation percentage of worldwide foreign exchange reserves Source: World Currency Composition of Official Foreign Exchange Reserves, International Monetary Fund Former 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) * – Frankfurter Bank (1854–1875) * – Bank of Saint George (1407–1805) * – Deutsche Notenbank (1948–1968) and Staatsbank der DDR (1968–1990) * – Hamburger Bank (1619–1875) * – Bank of Chōsen (1909–1950) * – Cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Minister Of Finance (Botswana)
The Ministry of Finance is the Government of Botswana, 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 * Ministry of Transport and Communications (Botswana), Ministry of Transport and Communications References External links Official website {{Ministries of Botswana Government ministries of Botswana, Finance Ministries of finance, Botswana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 Economy of Asia, 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 List of diamond mines#Botswana, diamond mining, prudent fiscal policies, and a cautious foreign policy. Botswana's economy is mostly dependent o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 * United Nations Economic Commission for Latin America and the Caribbean The United Nations Economic Commission for Latin America and the Caribbean (UNECLAC, ECLAC or ''CEPAL'', in Spanish: ''Comisión Económica para América Latina y el Caribe'') is a United Nations regional commission to encourage economic cooper ... * List of African stock exchanges * List of currencies in Africa References World Economic Outlook Database, October 2012 International Monetary Fund. Accessed on October 10, 2013. {{DEFAULTSORT:Central Banks And Currencies Of Africa Africa-re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Moses Pelaelo
In Abrahamic religions, Moses was the Hebrew prophet who led the Israelites out of slavery in the Exodus from Egypt. He is considered the most important prophet in Judaism and Samaritanism, and one of the most important prophets in Christianity, Islam, the Baháʼí Faith, and other Abrahamic religions. According to both the Bible and the Quran, God dictated the Mosaic Law to Moses, which he wrote down in the five books of the Torah. According to the Book of Exodus, Moses was born in a period when his people, the Israelites, who were an enslaved minority, were increasing in population; consequently, the Egyptian Pharaoh was worried that they might ally themselves with Egypt's enemies. When Pharaoh ordered all newborn Hebrew boys to be killed in order to reduce the population of the Israelites, Moses' Hebrew mother, Jochebed, secretly hid him in the bulrushes along the Nile river. Pharaoh's daughter discovered the infant there and adopted him as a foundling, thus he grew up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
