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  • but Swan is president, is saying that it's more imperative than ever for the country to diversify its economy after abysmal year for the diamond market hit government coffers Quasi.

  • Masisi was speaking at Africa's biggest mining conference, called Investing in African Mining Indaba, which is being held online this year.

  • He said Botswana needs to grow in areas such as base metals.

  • Botswana gets about 30% of its revenues from diamond sales via the Debswana Diamond Company, a joint venture with DeBeers.

  • But in 2020 the South African nation closed its borders for eight months of the year.

  • As a part of lock down measures, Debswana, which produces almost all of Botswana's diamonds, saw exports fall by 30% according to statistics released on Friday by the Bank of Botswana.

  • The SEC said the country is also aiming to develop other minerals, including it's estimated 212 billion tons of coal.

but Swan is president, is saying that it's more imperative than ever for the country to diversify its economy after abysmal year for the diamond market hit government coffers Quasi.

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B1 diamond mining african reliance diversify quasi

Botswana must curb diamond reliance

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    林宜悉 posted on 2021/02/05
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