Pula hits 7-month low against dollar

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Botswana pula has broke the P9 psychological mark against the dollar since February, the local currency weakened against the greenback and other major trading currencies.

This week the pula lost ground against most major international currencies in the past twelve months, with the exception of the rand.

On Tuesday, the pula weakened to P9.02 to a dollar from trading around P8.8 for the past few weeks.

Editor's Comment
The corrupt must be punished

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...

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