Third quarter trade deficit eases

The country's trade deficit for the third quarter eased to P1.36 billion - the lowest quarterly level for the year - underpinned by strong export figures throughout the period, particularly diamond sales.

Latest figures from the Central Statistics Office (CSO) indicate that the third quarter deficit was substantially lower than the P1.63 billion and P1.54 billion recorded in the first and second quarters respectively.

The third quarter's lower trade imbalance is a far cry from the record quarterly deficits of up to P4 billion seen since October 2008.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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