Low inflation offers scope for property investment

The drop in the annual inflation rate coupled with reduced interest rates and low fuel prices should provide room for Batswana to invest in property, analysts have advised.

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.

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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