Linah Mohohlo has been the Governor of the Bank of Botswana since 1999, following a 23-year career with the Bank, during which she worked in operational and policy areas (e.g., Board Secretariat, Human Resources, Research and Financial Markets Departments); in the latter Department, she was responsible for, among others, reserves management and was instrumental in establishing the Pula Fund and developing a template for fund manager appointment and monitoring, in the context of diversified fixed income and equity mandates. She has also worked for the International Monetary Fund (IMF) as a Special Appointee. In her capacity as Governor of the IMF for Botswana, she has been a member of the International Monetary and Financial Committee (IMFC: 2000-02), representing the Africa Group 1 Constituency comprising 21 Sub-Saharan African countries.
In addition to having been a member of the inaugural Botswana Economic and Advisory Council, Mrs Mohohlo serves on boards of major corporations in Botswana and abroad. Among her several international engagements, she was appointed Eminent Person in 2002 by the former Secretary General of the United Nations (Kofi Annan), charged with the responsibility of overseeing the evaluation of the United Nations New Agenda for the Development of Africa in the 1990s. She also served as a member of the Commission for Africa that was chaired by the former UK Prime Minister Tony Blair; the Commission’s Report, “Our Common Interest”, was published in 2005. Mrs Mohohlo is currently a member of the Africa Progress Panel, Gates Foundation Financial Services for the Poor Advisory Board; she is also Trustee of the Investment Climate Facility for Africa. She sits on the Investment Committee of the United Nations Joint Staff Pension Fund and has co-chaired the meeting of the World Economic Forum for Africa in Cape Town in May 2011. Having chaired the Global Agenda Council on Poverty and Development Finance of the World Economic Forum in 2010, she has now assumed the chairmanship of the Regional Agenda Council for Africa.
Mrs Mohohlo is a recipient of a number of national and international awards, among which is Botswana’s highest public service award for efficient and devoted service, the Presidential Order of Honour. Both the Financial Times Magazine (the Banker) and Euromoney bestowed on her the Central Bank Governor of the Year for Africa Award in 2001 and 2003 & 2008, respectively. In 2011, she received the Lifetime Leadership Award from the Official Monetary and Financial institutions Forum (OMFIF). She is ranked among the 10 Most Powerful Women in Africa for 2011 by Forbes Africa.
Mrs Mohohlo has read accounting and business, economics, finance and investments at the University of Botswana, The George Washington University and University of Exeter, respectively, and has received executive management training from Yale University. She has authored and/or published several papers and book chapters in economics, finance, investments, reserves management and governance.
Exchange Rate: Pula basket weight changed.
BoBC Auction Results (January 27)
DCI loses 0.04 percent year-to-date
DCI gains 0.25 percent year-to-date
Inflation falls to 3.8 percent in December