Pula hits 7-month low against dollar

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Botswana pula has broke the P9 psychological mark against the dollar since February, the local currency weakened against the greenback and other major trading currencies.

This week the pula lost ground against most major international currencies in the past twelve months, with the exception of the rand.

On Tuesday, the pula weakened to P9.02 to a dollar from trading around P8.8 for the past few weeks.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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