Inflation slows to all-time low

The decrease in fuel price have knocked down inflation
The decrease in fuel price have knocked down inflation

Annual consumer inflation slowed to 2.7 percent in January from 3.1 percent in December, the lowest rate ever recorded in Botswana, data released by the statistics office on Monday shows.

The decrease was mainly driven by the transport sector with the drop in fuel prices slowing the rate of price increases.   

The December inflation is the lowest rate recorded since Botswana adopted the pula currency in 1976, with the previous lowest registered in March 2015 at 2.8 percent.

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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