Inflation stokes share price surge
Tuesday, July 29, 2008
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.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...