Inflation returns to 13-year high
Friday, June 17, 2022 | 480 Views |
Higher and higher: Inflation and the recent interest rate increases have pushed the cost of living beyond many
PIC: MORERI SEJAKGOMO
Inflation was measured at 9.6 percent in April, having come down from 10% in March and 10.6% in both February and January.
Data released by Statistics Botswana this morning (Wednesday) indicates that the biggest contributor to the latest inflation figure was the transport sector, under which movements in fuel prices are recorded. Retail pump prices of petrol and diesel rose by an average P1.92 on May 13, in the second adjustment of the year after an average P1.33 increase on March 29.
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...