Botswana’s subtle revolution: Orchestrating economic liberation through mineral wealth (Part 2)
Friday, February 09, 2024 | 220 Views |
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Sharing insights: Mathumo
As we continue our exploration into Botswana's economic landscape, the spotlight shifts from the allure of diamonds to the covert manoeuvres that are bleeding the nation of its rightful gains. Mineral rents, the economic heartbeat of the sector, are meant to be the windfall from a nation's precious resources, providing a lifeline to economic growth.
However, as the curtains are drawn back, it becomes painfully clear that the true value of Botswana's rough gemstone diamonds is being siphoned off beyond its borders, leaving the nation with a fraction of what it rightfully deserves.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...