Low inflation offers scope for property investment
Thursday, March 26, 2015
The Central Bank last month reduced the bank rate by a percentage point to a 25 year low of 6.5 percent as inflation also fell to a four decade year low of 2.8 percent in February from 3.6 percent in January.
The slowing down of price increases, which is anchored by the drop in fuel prices, together with the reduced cost of borrowing has worked to improve disposable incomes for Batswana.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...