Inflation stokes share price surge

Buyers continue to outweigh sellers at the Botswana Stock Exchange (BSE) as investors seek to hedge their funds against the ever-rising inflation rate.

Although the pressure has not been persistent or strong enough to warrant a bull run yet, the mainstream DCI has been making good recoveries from the heavy losses it experienced in the last quarter of 2007 and the first quarter of this year.

Inflation, at 14.5 percent for the month of June, has been a strong driver of share prices on the bourse as more and more fund holders chase stocks in a bid to safeguard the purchasing power of their money.

Editor's Comment
Khama and gov't must step right

Whilst the government seeks to clarify boundaries between elected councillors and Dikgosi, and Khama defends the autonomy of Bogosi, this dispute musn't spiral into division. All parties must step back, breathe, and commit to dialogue rooted in mutual respect and the rule of law.Botswana’s strength lies in its unique blend of modern democracy and deep-rooted tradition. Dikgosi, as custodians of culture and community justice, hold immense...

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