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
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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