Trade deficit widen to P1.01bn
Friday, October 27, 2017
A trade deficit implies that imports outweighed exports in the period under review. International Merchandise Trade Statistics (IMTS) released by Statistics Botswana (SB) show that total exports were valued at P4.79 billion during the month under review, showing a decrease of 15% from the value of P5.64 billion in the previous month.
Imports value for July 2017, compared to that of the same month in 2016 shows an increase of 8.8% from P5.33 billion recorded during July 2016 to P5.79 billion recorded during July this year.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....