Interest rates remaining unchanged

The Bank of Botswana’s monetary policy committee is unlikely to cut interest rates when it meets at the end of the month despite inflation falling to the lowest rate in 42 years, analysts believe.

The December headline inflation fell to 3.8 percent last week, providing scope for further lowering of interest under the central bank accommodative monetary policy stance.

However, analysts believe the recent inflation rate fall is primarily pushed by the temporary drop in fuel prices, and does not signify any easing of underlying inflationary pressures.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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