BoB revises annual diamond exports to P17.2 bn

Wednesday, December 08, 2010

Bank of Botswana (BoB) statistics indicate that Botswana exported P17.2 billion in diamonds for the year up to October, owing largely to a 17 percent revision of the August exports to P2.3 billion.

The revision, from P1.99 billion means that diamond exports for the third quarter were valued at P5, 125.5 billion, the second highest for the year following the P5, 168.2 billion recorded in the first quarter.

The August figures, however, are the single highest for the year and have contributed to the revision of year-to-date exports by about four percent to P17.2 billion from P16.6 billion.

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