Inflation declines but pain persists
Monday, October 24, 2022 | 1300 Views |
Out of reach: The rate of increase in the average prices of goods and services is at 14-year highs PIC: KENNEDY RAMOKONE
Inflation dropped to 13.8% in September, from 14.6%, largely due to the fuel price decrease effected by the Botswana Energy Regulatory Authority early last month.
However, a breakdown of inflation by Statistics Botswana suggests that the reduction in inflation was largely arithmetical as the indices tracking the prices of basic goods and services all indicate continuing pressure on the cost of living for consumers.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...