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
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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