Trade deficit widens on softer diamond exports

Friday, November 06, 2015

Diamond exports fell 35% in August this year

Botswana’s trade deficit widened to P1.7 billion in August 2015 from P486.4 million recorded in July this year due to low volumes of diamond exports.

Trade data released by Statistics Botswana this week shows that while imports remained relatively flat, the deficit was driven by a significant 34% decline in exports from P4.6 billion to P3.03 billion.

An analysis of the data shows that the decline in exports was triggered by lower diamond exports (both polished and rough), which plunged 35% to P2.4 billion over the two months.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Alleged kingpin 'sick' as case hits a snag

Larona Makhaiza | 1 h ago

Seretse charged as NPF case returns

Staff Writer | 2 h ago

About 300 Batswana trapped in Middle East crisis

Mbongeni Mguni | 1d ago

Ministry declares war on low productivity

Spira Tlhankane | 1d ago

Going back to church: Re entering the Amen Economy

Thulaganyo Jankey | 1d ago

Private investor injects P4m into UB hotel revival

Staff Writer | 1d ago

Southern chicken necks

Michelle Phetlhe | 1d ago

Senior Prisons officer faces drug, abuse of office charges

Larona Makhaiza | 1d ago

Cameras watching: Drive safely or pay the price

A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...

The Monitor Editor | 03 March 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More