Pula exchange framework largely maintained
Wednesday, December 31, 2025 | 1000 Views |
Ear to the ground: Timuno PIC: MORERI SEJAKGOMO
By law, authorities revise the Pula exchange rate framework twice a year, in June/July and December, basing their decision on factors such as the levels of the foreign exchange reserves, inflation in trading partner countries and others.
July changes to the framework triggered economy-wide price hikes, as the downward rate of crawl of the Pula was increased, while the margins banks pay for accessing foreign currency from the central bank were increased.
‘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...