The Conversation (0)
Botswana Economy Vulnerable to Shifts in Diamond Market
Nov. 24, 2014 10:08AM PST
Gem InvestingMining Weekly reported that the Botswana economy is still largely dependent on diamond mining and is vulnerable to shifts in demand.
Mining Weekly reported that the Botswana economy is still largely dependent on diamond mining and is vulnerable to shifts in demand. Although some progress towards the diversification of the country’s economy has taken place, more needs to be made.
As quoted in the news article:
There had long been a desire to diversify Botswana’s economy beyond its dependence on diamond mining and although some progress had been made in achieving this goal, the country remained vulnerable to shifts in the global diamond market.