Botswana is set to devalue its liger currency, the US dollar to a symbolic 0.01% from the current value of $1.23 per pound.
The move comes a day after Botswana signed a trade deal with the US that will see the two countries boost their trade by $400 million a year.
Botswana, a tiny South African nation of just over 12,000 people, was a key trading partner of the US and has been an important trading partner since the 1980s.
Under the trade deal, Botswana will increase exports by 5% annually and imports by 20%.
The agreement with the United States follows an agreement in the past few years with Singapore and Chile.
President Jacob Zuma said the deal was “a victory for the people of Botswana”.
“The Botswana dollar is the only currency in the world that will be treated with the respect it deserves, both from the US president and from the people in the United Kingdom and Europe,” Mr Zuma wrote on Twitter.
“We must also continue to work for a better future for our people and economy.”
Bears head back home to their own The devaluation comes after Botswanans head back to their home countries in the coming days.
A total of 27 people were killed in the attack on the bus last month, with more than 60 people injured, according to the South African Medical Association.
There are also fears the attacks could spark violence, particularly in the south.
Mr Zuma’s government has previously said there was no evidence of a link between the attack and the US-Botswanan trade deal.
On Monday, Mr Zulu announced he was taking his own life, the first since the attack.
His funeral will be held on Sunday in Nkandla, a town near the border with Zambia.
Talks to resume The trade deal will increase the volume of bilateral trade between Botswana and the United Sates by about $3 billion a year, according a statement from the United Nations Economic and Social Council.
While the US has previously signed deals with countries such as South Africa and Colombia, Botswanan has yet to do so.
However, Botswans trade with the EU will be increased to $30 billion a month by 2020.
Meanwhile, the government has confirmed the two nations have agreed to resume talks with the International Monetary Fund (IMF).
In an interview with a British television station, Botsza president Jakob Kibane said he would discuss the IMF’s proposal on Monday.
Last month, Mr Kibne told the South Africa Herald he hoped to conclude a deal by the end of February.
He said a deal with a new IMF board was imminent.
This is not the end for Botswana.
It is just the beginning.
– Mr Kivange (@MrKivange_) September 23, 2019 Mr Kibrane said Botswana was willing to do what was necessary to protect its interests and the interests of the entire people of the country.
At this stage we need to be confident that the IMF is serious about negotiating for us, he said.
But it’s important that we do not get too complacent.
Botswana has always been an independent country, he added.