Botswana insulated from Trump victory�s shockwaves

Friday, November 11, 2016

Botswana is largely insulated from any immediate ripple effects on the global economy stemming from the uncertainty brought by the election of Donald Trump as the next US President.

After Trump, who in the build up to the election threatened to renegotiate trade deals, impose high import tariffs and stirred fears of a currency war with China, was announced winner on Wednesday, stock and currency markets in South Africa and other emerging markets went into panic mode.

Analysts however feel that although Botswana’s currency is exposed to the rand, the impact will be minimal in the short-term.

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