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Botswana must curb diamond reliance

Graham Watson

4th February 2021

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Here is a brief clip from Reuters, which highlights the danger of depending upon primary product exports.

In this case, Botswana's diamond exports have been adversely affected by the closure of the South African border and this has had a precipitous effect upon export revenues.

As a result, the country is looking to develop other sectors of its economy, notably coal, but it will need to improve its infrastructure if it is going to do so.

Botswana must curb diamond reliance
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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.