Can Matsheka slay the beast with seven billion heads?

Thapelo Matsheka PIC: MORERI SEJAKGOMO
Thapelo Matsheka PIC: MORERI SEJAKGOMO

Within three months, new Finance Minister, Thapelo Matsheka will face the nation and explain how he intends to finance a deficit of P7.8 billion, the largest the country has suffered in at least 10 years.

Traditionally, finance ministers have a handful of choices to cover deficits. Dip into the country’s foreign reserves, borrow from supranational bodies such as the African Development Bank or borrow from the local capital market.

Each of those options has its own Ts and Cs. These include the interest rates offered, the impact on the pula’s value, the stability of public finances, possible violation of debt thresholds and other fiscal rules and others.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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