A greater use of the formal nancial sector also feeds information necessary for monitoring and, where needed, initiatives and responsive action for developmental purposes and for mitigating risks and maintenance of nancial stability. In a nutshell, this is what a central bank does; formulate and implement monetary policy.
Distinguished Ladies and Gentlemen, assuming what I have just highlighted represents a terrain map or strategic touch points for Absa bank, the expectation is that, as part of a regional and well-established brand, it will in the instance of this branch, deploy its range of resources to maintain alignment of its products and services to the speci c needs of the local community, of Shakawe and the wider Okavango region, with a potential positive impact on national economic prospects.