BoB to revise inflation outlook after pula adjustment
Tuesday, July 29, 2025 | 250 Views |
EYES ON THE BALL: Masalila says the bank is assessing the price hikes. PIC: MORERI SEJAKGOMO
Firms around the country have increased their prices following the downward revision of the pula and an increase in the costs commercial banks pay to access foreign currency from the central bank.
Both the BoB and the Competition and Consumer Authority have criticised the price hikes, describing them as "disingenuous" and "opportunistic". The central bank has said banks, in particular, are adding unreasonable mark-ups on their rates for foreign currency.
It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...