BoB expects inflation to average 8% this year
Friday, May 13, 2022 | 1240 Views |
Ears to the ground: Pelaelo PIC: THALEFANG CHARLES
The depreciation of the pula against the rand is also expected to add pressure on the prices of goods and services this year, the central bank said.
The revised average for inflation this year is mainly the result of the higher prices that trended in the first quarter of the year, during which inflation reached a 13-year high at 10.6% between January and February.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...