Botswana insulated from Trump victory�s shockwaves

Sebabole
Sebabole

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.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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