Foreign reserves rise

Foreign exchange reserves increased by P2.5 billion in the month of July from P75.2 billion to P77.7 billion.

In terms of US dollar, the reserves rose by $189 million to $8.8 billion while in SDR the reserves rose by SDR190 million to SDR5.7 billion. Based on changes in the reserves, adjusted for unrealised gains and losses, the balance of payments was in overall surplus by P2.9 billion in July. On a year to date basis, the cumulative surplus stood at P10.5 billion in July.

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Your vote matters

This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

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