Diamonds are not forever, Khan reminds govt

Khan PIC: KENNEDY RAMOKONE
Khan PIC: KENNEDY RAMOKONE

Standard Chartered Bank regional chief economist for Africa Global Research, Razia Khan has appealed to the Botswana government not to be complacent about the country’s macro-economic stability.

Speaking at a focus group hosted by Standard Chartered Bank Botswana and the Botswana Investment and Trade Centre (BITC) on Wednesday, Khan said Botswana’s revenue sources are vulnerable, noting that the recent slump in diamond sales has proven that ‘diamonds are not forever’.

“Even the revenues from the Southern Africa Custom Union (SACU) will not help the country looking at the volatility of the economy,” she said.

Editor's Comment
Bravo BDF for the first step addressing GBV

The statement, whilst some may say, comes a little bit too late, is timely as gender-based violence (GBV) continues to haunt the country. A week hardly passes without reports of a wife, a girlfriend or boyfriend being killed by their intimate partners. Just recently, a high-ranking officer stationed at Glen Valley Barracks reportedly murdered his wife and has so far managed to evade arrest. It is also alleged that another soldier murdered his...

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