CCA dispatches price monitoring teams after pula decision
Friday, July 25, 2025 | 150 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 10%.
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.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...