Inflation could fall even further
Wednesday, November 20, 2019
Inflation, or the rate of increase in prices, fell to what most data sets suggests is an all-time low of 2.4 percent in October, helped by low imported inflation, restrained demand in the economy and stable administered prices.
The Bank of Botswana (BoB) said in the absence of a fuel price increase in the remainder of 2019, the base effects stemming from the increase in fuel prices in the last quarter of 2018 will contribute to inflation trending even lower in the short term. Base effects are distortions in monthly inflation resulting from abnormally high or low levels of inflation in the corresponding month a year before.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...