Weak diamond exports trigger P2bn trade deficit

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A trade deficit of P1.9 billion was recorded in November 2015 from a surplus of P370 million the previous month largely due to a significant fall in diamond exports.

Due to the low exportation of rough diamonds from the aggregation process, total exports were valued at P2.3 billion in November, a decrease of 50.3 percent from the October 2015 value of P4.6 billion.

“As a result of rough diamonds from the aggregation process not being exported on a monthly basis, fluctuations in the value of total exports are observed. Values are high during the months when rough diamonds from the aggregation process are exported and are low when there is insignificant exportation from the aggregation process,” stated Statistics Botswana.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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