Diamond exports rise in February

Diamond sales are on the recovery
Diamond sales are on the recovery

Botswana’s diamonds trade appears to be making a solid resurgence despite the slow recovery in the global economy and low commodity prices.

In February this year, the country exported P6.35 billion worth of diamonds, indicating a 16.4% increase from P5.45 billion over the corresponding month last year, according to recent data from Statistics Botswana (SB).

More telling, however, is that February diamond exports increased 7.2% or P424.2 million to P6.35 billion from P5.92 billion in January 2017.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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