Inflation set to cool
Monday, June 19, 2023 | 330 Views |
Ear to the ground: Pelaelo PIC: PHATSIMO KAPENG
The central bank has a medium-term objective range for inflation of three to six percent, which it considers conducive for economic growth and stability in the country.
However, prior to May, inflation was last within the objective range in April 2021, as the impact of increases in various taxes and levies as well as frequent hikes in administered prices such as fuel, pushed the cost of living to 14-year peaks in August 2022.
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...