CCA dispatches price monitoring teams after Pula decision
Friday, July 18, 2025 | 430 Views |
Under pressure: More businesses are hiking their prices in the wake of the Pula adjustment FILE PIC
Since government adjusted the Pula’s rate of crawl downwards and increased banks’ trading margins for foreign currency trade with the Bank of Botswana, several businesses have adjusted their prices by up to ten percent.
The moves are expected to be inflationary and add to consumers’ woes in a year in which the economy is under pressure and where government’s own finances are strained.
The heartbreaking reports carried elsewhere on this publication of a woman killed in Metsimotlhabe and four family members perishing near Metsimaswaana Bridge are, devastatingly, not isolated incidents. They represent the sharp, painful tip of a weekend that has seen far too many collisions, injuries, and losses on the roads. This alarming spike in fatalities is a screaming siren we cannot ignore. It compels a direct and urgent plea to every...