WATCH: Botswana faces downturn as diamond sales slump
Business Day TV speaks to Ridle Markus, Sub-Saharan Africa macroeconomist at Absa CIB
09 December 2024 - 19:27
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Botswana’s economy may contract by 1.7% in 2024 due to a prolonged downturn in diamond sales. The country’s economy is anchored by mining, particularly diamonds, which also accounts for about a third of budget revenue and most foreign currency earnings. Business Day TV spoke to Ridle Markus, Sub-Saharan Africa macro-economist at Absa CIB, for more insight.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
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WATCH: Botswana faces downturn as diamond sales slump
Business Day TV speaks to Ridle Markus, Sub-Saharan Africa macroeconomist at Absa CIB
Botswana’s economy may contract by 1.7% in 2024 due to a prolonged downturn in diamond sales. The country’s economy is anchored by mining, particularly diamonds, which also accounts for about a third of budget revenue and most foreign currency earnings. Business Day TV spoke to Ridle Markus, Sub-Saharan Africa macro-economist at Absa CIB, for more insight.
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