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| Business Week
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Inflation beats BoB’s new target
Inflation has climbed to a historic 24 month high for the month of July, beating the revised inflation target range of 4-7 percent.
Figures released by Central Statistics Office (CSO) yesterday show that July’s national year-on-year inflation rate edged up by 1.1 percent on the June rate of 7.1 percent, to record a historic 8.2 percent.Mpule suggests Motswana model for De Beers
Is the time not yet right for Botswana to have a model who will be the face of De Beers like the former Somali supermodel, Iman?
This question was asked on Tuesday when former Miss Universe Mpule Kwelagobe suggested that Botswana should be given the chance. Oil above $63 ahead of US stock data
LONDON: Oil climbed further above $63 (P346.50) a barrel yesterday ahead of US stock figures that could push prices towards a new record high if the world’s biggest consumer is seen to be drawing heavily on its fuel supplies.BoE sees great uncertainty over oil prices
LONDON: The Bank of England said yesterday that there was great uncertainty about where oil prices would go next.
“The market would expect, on their central view, that the oil price would fall back a little bit,” central bank governor Mervyn King told a news conference after releasing its quarterly inflation report.
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