Standard Chartered Bank Botswana Managing Director, Mpho Masupe, says the recent global and local events are likely to continue pushing up inflation.
When presenting the bank’s yearly financials for the year ended 31st December on Tuesday this week, Masupe predicted things are about to get from bad to worse.
With both the local and global economy having started to recover from the impact of COVID-19, Masupe said the war between Russia and Ukraine which has been going on since February will reverse the gains.
“This particular war is definitely going to impact the economy and a lot of i...
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In this article:Business, Mpho Masupe, Standard Chartered Bank Botswana, Voice Money
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