Inflation sinks to fresh low
Friday, January 16, 2015
Last month's fuel price decrease drove down inflation
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.
A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...