Mmegi

Copper exports shoot above P10bn

On the up: Copper mining is surging in values around the country and the world
On the up: Copper mining is surging in values around the country and the world

The country’s exports of copper passed P10 billion last year for the first time in history, as stronger production and higher prices helped national revenues in the midst of the diamond slump.

Copper mines in the country exported P7 billion worth of the base metal in 2023, up from P4 billion in 2022.

Recent Bank of Botswana figures show the extent to which both rising copper prices on the global market and improving local production, have helped the local economy.

Editor's Comment
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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