GABORONE, Oct 30 (Reuters) - Botswana's rough diamond
exports plunged around 66% in the third quarter compared with
the same period last year, data showed on Friday, as the
coronavirus pandemic hit demand and global travel restrictions
impacted trading.
Botswana closed its borders in March to curb the spread of
the virus, locking out international buyers from countries like
India, Belgium and China who traditionally travel to Gaborone
many times a year to view and buy diamonds.
According to central bank data, Debswana, a joint venture
between Botswana and Anglo American unit De Beers,
exported rough diamonds worth $287 million in the third quarter
of 2020, against $863 million in the same quarter of 2019.
Botswana gets about 30% of its government revenues from
diamonds, which constitute 70% of exports.
Although it has recorded only around 6,600 COVID-19 cases
and 24 deaths, Botswana's economy has been severed affected by
the pandemic, with authorities predicting an 8.9% contraction in
2020.
The government said this week that to restart the tourism
sector, which is the country's second-largest foreign exchange
earner, it will from Nov. 1 open its borders to international
tourists by allowing private chartered flights into two towns
close to its prime attraction, the Okavango Delta.
(Reporting by Brian Benza
Editing by Alexander Winning and David Holmes)