In just a year, the price of a carton of milk has soared to over P20 while the price of cooking oil has increased by over 50% and all the central bank can say to the battered consumer is economic jargon like base effects, bank desirable rate blah... blah... blah...
Bank of Botswana economists, who are regarded as “the men in the arena”, whose faces have to be marred with blood and sweat when price increases come to haunt consumers, have been fighting a losing battle as their sleeve-up tussle against inflation has yielded little price relief for consumers.
