Trade balance bounces back to P550m surplus

Exports outweighed imports in February to bring the trade balance into a surplus of P550 million, figures released by Statistics Botswana this week show.

While imports rose by a huge 47 percent in the month, the trade statistics show that exports still emerged higher despite a modest slowdown.

According to the Botswana International Merchandise and Trade Statistics (BIMTS), total exports in February 2016 were valued at P6.4 billion, showing a decline of 8.6 percent from the January 2016 revised value of P7 billion.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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