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
Urgent call: Stop the killing!

The previous week, we had an article about a police officer shooting his wife, and turning the gun on himself, whilst he died, his wife survived and is still in the hospital.Sadly that was not the only article we carried on intimate partner killings. There was the Francistown case, where a young woman allegedly stabbed her ‘former boyfriend’ and many others which were reported throughout the week.As all the reports were coming in, a Botswana...

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