Trade Surplus Drops 50% On Weak Diamond Prices

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A fall in rough diamond prices last year resulted in the country’s trade balance dropping 47% to a surplus of P7.1 billion, data released by Statistics Botswana on Friday shows.

The trade balance is the relationship between imports and exports of goods at national level. A trade surplus occurs when the value of exports is greater than imports in any calendar year.

Statistics Botswana figures show that last year, exports amounted to P61.1 billion, while imports were pegged at P54 billion.

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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