Inflation falls below BoB�s objective range
Tuesday, March 17, 2015
According to the latest Consumer Price Index (CPI) figures released by Statistics Botswana (SB), this represents a drop of 0.8 of a percentage point on the January 2015 rate of 3.6 percent. The figure was lower than the 4.6 percent recorded during the same month in 2014 as the effects of the drop in fuel prices continue to be felt across the board.
The downward movement of annual inflation rate between February 2014 and February 2015 was attributed to the decline in prices of commodities in the main component of transport, which dropped by 7.3 percentage points.
Over the past weekend in Greater Gaborone, four people tragically lost their lives in separate accidents, a stark reminder of how vulnerable we are on the roads, especially during this busy time of year.The accidents, which claimed the lives of three pedestrians and one driver, paint a grim picture of the dangers faced by everyone on the road, not just motorists but also pedestrians. In one case, a young man was fatally struck by a truck whilst...