Retailers Warned Against Displaying Prices In Rand

According to the ministry, this amounts to unfair trade practice in which the Pula/Rand exchange rate differential is not passed onto the consumer as in most cases consumers are made to pay in Pula currency without taking the exchange rate differential into consideration.

The ministry’s chief public relations officer, Kediretswe Pule, said they have discovered this practice through the ministry’s quarterly business inspections while some were discovered through tip offs.