Despite repeated talk of economic recovery and transformation, Botswana remains firmly trapped in the grip of the diamond downturn.
The Bank of Botswana says weak global demand for diamonds, shifting consumer preferences and slow progress in economic diversification continue to weigh heavily on growth, exposing the country’s enduring dependence on its most important export.
There's more to this story
But to keep reading, we need you to subscribe.
Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers.
You can subscribe for one week, a month or a full year - the choice is yours.
Save 77% on an annual subscription. Click here to find out how.
Existing subscribers can log in to keep reading here.
