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Botswana appoints Dekop as new central bank governor

BOTSWANA President Mokgweetsi Masisi appointed Cornelius Dekop as the new central bank governor with immediate effect, his government said in a statement.

He replaces Moses Pelaelo, who had served as the governor of the Bank of Botswana since 2016.

The statement by the Botswana government’s communications department did not provide a reason for Pelaelo’s departure three days before an interest rate decision.

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By The African Mirror

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