Inflation sinks to fresh low

Last month's fuel price decrease drove down inflation
Last month's fuel price decrease drove down inflation

The annual inflation rate hit a fresh low of 3.8 percent in December 2014, a decrease of half a percentage point on the November 2014 rate of 4.3 percent.

Figures released by Statistics Botswana yesterday, show that the decline was largely on the back of  fuel price decreases effected in December last year as government reduced petrol and diesel prices in tandem with falling international oil prices.

 The December inflation is the lowest rate since Botswana adopted the pula currency in 1976, with the previous lowest recorded in June 1972 at 3.5 percent.

Editor's Comment
Let us all go to vote

Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...

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