One-sided match against inflation reaches injury time

Unmerry-go-round: Escalating fuel prices are driving higher inflation PIC: MORERI SEJAKGOMO
Unmerry-go-round: Escalating fuel prices are driving higher inflation PIC: MORERI SEJAKGOMO

Inflation reached 11.9% in May, the highest since January 2009, and the Bank of Botswana expects it top 12% when the June figures are revealed next month. Driving the higher prices of goods and services are runaway fuel prices which experts say are not going away anytime soon. Staff Writer, MBONGENI MGUNI reports

How high will inflation rise?

The answer depends on who you ask. At Kgori Capital, analysts expect that inflation will average 11.3% this year, a figure which if realised would be the highest average since 2008.

Editor's Comment
A step in the right direction

That is indeed a welcome development, especially looking at the fact that the manual way of doing things is slowly disappearing and competency in the use of computers and other digital gadgets has become a must.The simple way of looking at it is just an example that almost all companies have gone completely digital and school leavers will be better placed after leaving school, because they will already be familiar with the use of computers.The...

Have a Story? Send Us a tip
arrow up