1982

Mr. C. N. Kikonyogo appointed Governor

August – Bank of Credit and Commerce Botswana (BCCB) licensed as the third commercial bank in Botswana, thus ending the long-standing duopoly of two British bank, Barclays and Standard Chartered.

During the year, for the first (and so far only) time, the Bank of Botswana imposed a temporary ceiling on credit growth as part of a package of measures to address balance of payments and fiscal problems arising from the downturn in diamond exports due to a global economic slowdown.