Botswana vulnerable as food prices soar in SA
Thursday, January 28, 2016
The country, which imports over 70 percent of its food requirements from its neighbour, is likely to record similar price increases, although the depreciating Rand might temper the rate of increase for Botswana imports.
Local inflation rose from 2.9 percent to 3.1 percent in December while the one for South Africa rose to a one-year high of 5.2 percent from 4.8 percent in November on the back of a weaker Rand and food price pressures.
The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...