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
Human rights are sacred

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...

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