Shine on you crazy diamond!

Friday, January 30, 2026 | 270 Views |

Real world good: Natural diamonds have powered the growth and sophistication of the local economy, empowering many citizens PIC MORERI SEJAKGOMO

The diamond forecasts released recently by the Finance Ministry are pretty bleak. However, latest figures and trends show that even as government prioritises transformation, the shiny stones can still hold their own. MBONGENI MGUNI writes on the resilient rock and why its future is not all gloom

The news of my death are greatly exaggerated, legendary American writer, Mark Twain famously wrote.

Diamonds are probably saying the same thing, after a bleak report emerged from the Finance Ministry, warning of a possible “non-recovery” for the precious stones.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

diamonds

Monetary moves: The Bank of Botswana is a key member of the FSC PIC: BANK OF BOTSWANA

Credit growth slows on tighter economy

Mbongeni Mguni | 57 m ago

Batswana, Zimbabweans tensions worry Mogoditshane police

Pini Bothoko | 21 h ago

Letshego refocuses its African dream

Mbongeni Mguni | 12 Jun 2026

Expanding Africa’s trade frontiers

Lewanika Timothy | 12 Jun 2026

BITC capacitates better exports for Chinese market

kutlo moagi | 12 Jun 2026

Moagi-linked card allegedly exposes P4.7 m scandal

Larona Makhaiza | 1d ago

Pension pay-day ‘girlfriends’ cautioned

Innocent Selatlhwa | 1d ago

PAC raises concerns over counterfeit medicines, expired drugs

Mpho Mokwape | 1d ago

Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

The Monitor Editor | 16 June 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.