Mmegi

Botswana’s subtle revolution: Orchestrating economic liberation through mineral wealth (Part 2)

Sharing insights: Mathumo
Sharing insights: Mathumo

In the intricate dance of global economics, Botswana stands as both a player and a pawn, its mineral wealth shaping its destiny but also being manipulated in a shadowy game of profit-shifting.

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.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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