Inflation holds steady at 4.3%
Wednesday, December 17, 2014
Since last year, inflation has maintained within the Bank of Botswana’s three to six percent objective rate. According to Statistics Botswana, contributing to the annualised inflation rate, were eight out of the twelve group indices, notably alcoholic, beverages, tobacco and narcotics, which experienced positive increases. The statistics agency also noted that increases also outweighed the decreases recorded by major group indices of transport and food and non-alcoholic beverages in the period under review. Group indices moved at slow pace between October and November 2014, recording changes of less than 0.5 percent.
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...