Equally, important, and having obtained loans and other credit  facilities,  borrow ers should honour their  obligations by adhering to the repayment programme agreed w ith banks. Distinguished Guests, I am making this point because the Bank of Botsw ana is concerned about the recent observed upw ard trend in non-performing loans.
While this trend could be, in part, due to sluggish global economic activity and idiosyncratic business performance and environment, there is some evidence of lack of financial discipline on the part of some individuals and poor management practices by some businesses.