https://en.sputniknews.africa/20240531/botswana-considers-lab-grown-diamonds-threat-to-its-economy-president-says-1066822452.html
Botswana Considers Lab-Grown Diamonds Threat to Its Economy, President Says
Botswana Considers Lab-Grown Diamonds Threat to Its Economy, President Says
Sputnik Africa
According to reports, De Beers, Botswana's long-standing partner and the top diamond producer globally in terms of diamond value, experienced a decrease in... 31.05.2024, Sputnik Africa
2024-05-31T19:07+0200
2024-05-31T19:07+0200
2024-05-31T19:07+0200
sub-saharan africa
economy
botswana
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Botswana considers lab-grown diamonds a threat to its economy, the country's President Mokgweetsi Masisi said.Diamonds are reportedly the driving force behind Botswana's economy, providing about 40% of government revenue, almost a third of the country's GDP and 75% of foreign exchange earnings.Last year, De Beers, Botswana's historic partner and the world's leading diamond producer in terms of the value of diamonds mined, saw rough diamond sales fall from $6 billion to $3.6 billion, as per media.
https://en.sputniknews.africa/20240406/three-african-countries-demand-g7-review-diamond-certification-mechanism-due-to-unfair-burden-1065937188.html
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economy, botswana, diamonds, southern africa
economy, botswana, diamonds, southern africa
Botswana Considers Lab-Grown Diamonds Threat to Its Economy, President Says
According to reports, De Beers, Botswana's long-standing partner and the top diamond producer globally in terms of diamond value, experienced a decrease in rough diamond sales from $6 billion to $3.6 billion last year.
Botswana considers lab-grown diamonds a threat to its economy, the country's President Mokgweetsi Masisi said.
Diamonds are reportedly the driving force behind Botswana's
economy, providing about 40% of government revenue, almost a third of the country's GDP and 75% of foreign exchange earnings.
Last year, De Beers, Botswana's historic partner and the world's leading
diamond producer in terms of the value of diamonds mined, saw rough diamond sales fall from $6 billion to $3.6 billion, as per media.
