A tale of two sectors

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While by their nature, energy and mining enjoy a symbiotic relationship, both being capital intensive and mutually inclusive economic sectors, 2013 demonstrated that their fortunes can be poles apart.

The mining sector was generally robust during the year, with the flagship diamond industry exporting P25,1 billion Botswana-produced stones by October, compared to P23,2 billion for the full year 2012.

The diamond industry also came full circle with the relocation of Diamond Trading International from London and the commencement of total De Beers’ group diamond sales from Gaborone in November. The milestone now means Botswana now boasts all stages of the diamond value chain from production to polishing to jewellery manufacturing.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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