NPF recovers as global oil prices collapse

NPF recovers as global oil prices collapse
NPF recovers as global oil prices collapse

The drop in global oil prices will positively impact the local economy at a time when it is under pressure from the Coronavirus pandemic, analysts have said.  

The prevailing suppressed prices of oil on the global market are helping the recovery of the National Petroleum Fund (NPF), which is currently at P265 million.

Kgori Capital investment analyst, Kwabena Antwi said the drop in the oil prices globally will reduce the import bill and most likely lead to a drop in local pump prices.

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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