Latest Economic News

Mar

08

Headline inflation was unchanged at 3.5% in January 2019

Annual inflation rate remained at 3.5% in January 2019, same as inflation rate in December 2018. Inflation decreased for several group

Mar

08

Botswana Consumer Price Index (CPI) has been rebased to December 2018, from the base period of September 2016

The Botswana Consumer Price Index (CPI) has been rebased to December 2018, based on the results from the 2015/16 Botswana Multi-Topic

Feb

05

What Explains Bank Deposit-Lending Spreads In Botswana? A Comparison with Selected SADC and EAC Countries

 The Botswana banking sector has historically been characterised by high rates of profitability, which is often thought to be due to

Dec

06

Monetary Policy Committe (MPC) maitains the Bank Rate at 5%

Bank of Botswana's Monetary Policy Committee (MPC) has decided to maintain the Bank Rate at 5%. The outlook for price stability

Nov

19

Annual inflation rate increased to 3.6% in October 2018

Headline inflation rate increased to 3.6% in October 2018 up from 2.9% in September 2018. Inflation rate fell marginally or remained

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Managing Director: Dr Keith Jefferis

Dr Keith Jefferis, was Deputy Governor of the Bank of Botswana (BoB) from November 1999 until March 2005, on appointment by the President of Botswana, H.E. Festus Mogae. Prior to this Dr Jefferis worked in the Research Department of the BoB; as a Senior Research Fellow at the Botswana Institute of Development Policy Analysis; and as an academic lecturing and researching in economics at universities in Botswana and the United Kingdom. He has degrees in economics from the Universities of Bristol (B.Sc) and London (M.Sc), and the Open University in the UK (Ph.D), and started his career as a professional economist by winning a Fellowship of the Overseas Development Institute (ODI), London. 

Dr Jefferis has undertaken a wide variety of research, analysis and consultancy work on economic policy issues. At the Bank of Botswana he worked extensively on the formulation and analysis of macroeconomic policy issues, especially monetary, exchange rate and fiscal policies; development of the financial system, including competition and efficiency in the banking sector, regulatory issues, broadening access to financial institutions, and payments system development; and macroeconomic data compilation and dissemination. He has also worked on stock market development, trade policy and regional integration issues, industrial policy and SMME development, poverty analysis and poverty alleviation policies, and the economic aspects of HIV/AIDS, combining both academic rigour and policy relevance. Dr Jefferis has written extensively on economic issues in Botswana and the countries of the Southern African Development Community (SADC), and has played a key role in deepening the public understanding of economic issues in through teaching, writing and public speaking. 

Dr Jefferis is a citizen of Botswana and is accredited to the Technical Assistance Experts Register of the IMF's Monetary and Financial Systems Department. 

Contact:  keith@econsult.co.bw