Trade balance slumps to deficit

Figures released by Statistics Botswana this week show that in October 2013, there was a P177.5 million trade deficit caused by a decrease in exportation of rough diamonds.

“This was mainly because there were no sales of diamonds from the aggregation process at DTCI during October 2013, hence there were no exports of Botswana rough diamonds during the month under review,” said SB in a note accompanying the October trade statistics release.