Botswana, Africa’s leading diamond producer, is struggling to sell its diamonds amid an estimated 85 per cent surge in global oversupply. Diamonds sit at the core of Botswana’s economy, financing public services, employment, and long-term national development.
A prolonged slowdown in sales now threatens government revenue and could weigh heavily on growth projections, raising fresh concerns about economic resilience in a market Botswana has long dominated.
Moses Baleofi
Industrialize, spread your wings and fly
Diamonds won’t be bought until u delete this picture in the history of Botswana’s diamond
The system is already rigged….they have their own long term client…de beers
Let them process it
Is because of the agrement made in 1965 u can imagine how many years still botswana can not sell diamonds by its self except being sold by debeers.
Does it mean with in Africa we can’t by…?
DIAMONDS ARE FOREVER. Let the diamonds be safeguarded for a later period.