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
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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