Bank of Botswana

Money Moves

Monetary authority; sets the policy rate and inflation target

Stanbic Bank Botswana is selling a 20 percent stake at 4.30 pula a share, the third share offer on the Botswana Stock Exchange in recent weeks after a decade without a new listing. Institutional investors have already promised to buy 2.4 times the 319.4 million shares on offer.

Updated Oct 30