Inflation seen breaching BoB�s lower ballpark

Source: Bank of Botswana
Source: Bank of Botswana

The annual inflation rate could possibly breach the Bank of Botswana (BoB) three percent lower medium term objective as lower fuel prices coupled with weak domestic demand should further ease inflationary pressures in 2015.

In a bid to maintain price stability in the economy, the central bank has set an inflation objective of between 3-6 percent.

Launching the 2015 Monetary Policy Statement (MPS) yesterday, BoB governor Linah Mohohlo said the economy will continue to experience disinflation this year auguring well for the retention of the accommodative monetary policy stance, which has ushered in the prevailing low interest rates regime.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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