Diamond exports drop to seven-year low

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Diamond exports from Botswana mines fell 38 percent to a seven-year low in 2015 as a slump in global market impacted both demand and prices.

According to statistics published by the Bank of Botswana yesterday, the value of exports from the major diamond mines in Botswana fell to $2.4 billion (P28.5 billion) in 2015 from $3.9 billion (P45.6 billion) the previous year.

 The figures however do not include diamonds that De Beers brings in the country for aggregation before re-exportation.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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