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
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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