Lockdown pushes trade deficit to P4.1bn

Dry days: Fuel was the biggest import item in May as economic activity resumed
Dry days: Fuel was the biggest import item in May as economic activity resumed

covid19

Senior Bank of Botswana (BoB) executives recently raised the alarm on the country’s foreign reserve buffers, noting that since the lockdown, very little foreign currency inflows were being recorded besides the earnings from the Southern African Customs Union revenue pool.

Global coronavirus (COVID-19) lockdowns and travel bans have crippled mining and tourism, the country’s primary foreign currency earners.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

Have a Story? Send Us a tip
arrow up