How will Brexit affect Botswana?
Thursday, June 30, 2016
On 24 June, the announcement of a ‘yes’ vote for Brexit sent the markets on a panic mode and saw one of the biggest falls in the FTSE’s (UK stock index) 32-year history, as the FTSE 100 index dropped by around 500 points, or more than seven percent- and this came after the pound hit a 31-year low against the US dollar overnight. A number of companies also saw 20% or more wiped off their values. Banks have been badly hit, as have household retailers. The elite investors also lost over US$3 trillion in a matter of hours and some Euro stocks even collapsed more than the FTSE itself.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...