Archive · 30 Nov 2025

Botswana's Diamond Industry Faces Crisis

Botswana's Diamond Industry Faces Crisis

Botswana, a country that became rich and successful because of its diamond industry, is now facing big problems.

For many years, diamonds helped Botswana build schools, hospitals, and roads.

But now, cheaper diamonds made in labs are becoming more popular, and fewer people want the natural diamonds that Botswana produces.

This has led to many people losing their jobs and the country's economy is shrinking.

The government is trying to find new ways to make money, but it's a big challenge.

Workers like Keorapetse Koko, who used to cut and polish diamonds, are struggling to find new jobs and support their families.

The country is also dealing with new taxes from the U.S. that make it harder to sell their diamonds.

It's a tough time for Botswana, and they need to find new ways to keep their economy strong.

Sources