Bank of Botswana

Brief History

Established under Bank of Botswana act in 1975 as a central bank and bank of issue on Botswana’s decision to leave the Rand Monetary Area (RMA). The bank is banker and adviser to the government, banker to commercial banks and supervisor of banks and financial institutions.


M. D. Pelaelo
T: +267 360 6371 F: +267 397 1231
Terms of appointment: 5 years; term began 21 October 2016; appointed by the President of Botswana.

Deputy Governors

K. S. Masalila
T. A. Kgnetsano

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