Two sides of the Pula's fortunes

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Although it is expected to reduce Botswana's Southern African Custom Union's (SACU) receipts, the Botswana Pula's mixed trading trends in the past two years could also boost the country’s diamond revenues.

As a result of the deliberate policy by the Bank of Botswana, the Pula has weakened against most major trading currencies, while appreciating against the Rand.

On an annual basis (12 months to January 2014), the Pula depreciated against the US dollar (9.1 percent) while it appreciated against the Yen (8.3 percent) and the Rand (5.1 percent) respectively.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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