Lockdown pushes trade deficit to P4.1bn

Dry days: Fuel was the biggest import item in May as economic activity resumed
Dry days: Fuel was the biggest import item in May as economic activity resumed

covid19

Senior Bank of Botswana (BoB) executives recently raised the alarm on the country’s foreign reserve buffers, noting that since the lockdown, very little foreign currency inflows were being recorded besides the earnings from the Southern African Customs Union revenue pool.

Global coronavirus (COVID-19) lockdowns and travel bans have crippled mining and tourism, the country’s primary foreign currency earners.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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