Trade with UK falls 28%

The decision by the world’s leading diamond company De Beers to move its diamond sorting operations from London to Botswana has seen a 28% drop in bilateral trade between London and Windhoek, the British High Commissioner to Namibia has said.
Marianne Young, London’s top diplomat in the country said Wednesday that despite Britain doubling exports to Namibia to reach N$1.1 billion in 2011, overall bilateral trade figures dropped 28% to N$4.7 billion following De Beers decision to move its diamond sorting operations from London to Botswana.