Gov�t tweaks exchange rate to boost exports
Wednesday, January 11, 2017
After the local currency gained value against all major currencies in 2016, monetary authorities have also moved to reduce the rate at which the pula gains value in an effort to maintain export competitiveness.
Acting permanent secretary in the Ministry of Finance and Economic Development, Cornelius Dekop said effective from January 01, 2017, the weight of the rand in the pula basket of currencies has been reduced to 45% from 50%.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...