Bank of Botswana
| File:Bank of Botswana logo.gif | |
| Headquarters | Gaborone, Botswana |
|---|---|
| Established | 1 July 1975 |
| Ownership | Government of Botswana 100%[1] |
| Governor | Moses Dinekere Pelaelo |
| Central bank of | Botswana |
| Currency | Botswana pula BWP (ISO 4217) |
| Reserves | 7 390 million USD[1] |
| Bank rate | 4.75% |
| Website | bankofbotswana.bw |
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).[2] 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.[3] The pula was launched as a national currency in 1976, and in 1977 the Bank of Botswana became the government banker.[4]
Governors of the Bank of Botswana
- July 1975 - 1978: Christopher H. L. Hermans[5][6]
- January 1978 - 1980: Brenton C. Leavitt[6]
- November 1980 - 1982: Festus Mogae[6]
- January 1982 - 1987: Charles Nyonyintono Kikonyogo[6]
- July 1987 - 1997: Christopher H. L. Hermans[6]
- July 1997 - 1999: Baledzi Gaolathe[6]
- October 1999 - 2016: Linah Mohohlo[6]
- 21 October 2016 - present: Moses Pelaelo[7]
See also
References
- ^ a b https://d-nb.info/1138787981/34
- ^ "History of the Bank of Botswana | Bank of Botswana". www.bankofbotswana.bw. Retrieved 2020-05-30.
- ^ "History of the Bank of Botswana | Bank of Botswana". www.bankofbotswana.bw. Retrieved 2020-05-30.
- ^ Morton, Fred; Ramsay, Jeff; Mgadla, Part Themba (2008). "Bank of Botswana (BoB)". Historical Dictionary of Botswana. African Historical Dictionaries. Vol. 108 (4th ed.). Metuchen, New Jersey: Scarecrow Press. p. 40. ISBN 978-0-8108-5467-3.
- ^ Akyeampong, Emmanuel Kwaku; Gates, Henry Louis; Niven, Mr Steven J. (February 2, 2012). "Dictionary of African Biography". OUP USA – via Google Books.
- ^ a b c d e f g "Milestones | Bank of Botswana". www.bankofbotswana.bw.
- ^ "M. D Pelaelo | Bank of Botswana". www.bankofbotswana.bw.
External links
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