25/05/2026
https://www.facebook.com/100064445361807/posts/1445162257641939/?mibextid=rS40aB7S9Ucbxw6v
๐๐ง๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ข๐๐ ๐ฆ๐ข๐ง๐ข๐ง๐ ๐ฌ๐๐๐ญ๐จ๐ซ ๐ก๐๐ฎ๐ง๐ญ๐ฌ ๐๐จ๐ญ๐ฌ๐ฐ๐๐ง๐
โข Mining companies must diversify beyond core business- Economist
โขEconomic decline forecasted to persist for sometime
BAKANG TIRO
[email protected]
Amidst ongoing economic meltdown, Botswanaโs local mining companies including in the diamond sector must diversify outside core business or the country would remain under strain, independent economist Dr Rammika has said.
Botswana is grappling with economic hardships emanating particularly from decline in mineral revenue (diamonds) because of persisting weak demand for rough diamonds at the global level.
Latest economic data by Statistics Botswana (SB) drawn on its Index of the Physical Volume of Mining Production Fourth quarter 2025 said overall mining production declined by 44.7 percent year on year.
READ MORE AT: https://thepatriot.co.bw/undiversified-mining-sector-haunts-botswana/
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