BOTSWANA WARNS DIAMOND OVERSUPPLY HARMS ECONOMY
Fri 23 January 2026: The downturn has been compounded by softer buying in the United States and China. Botswana is sitting on nearly double its permitted diamond stockpile as weak prices and rising competition from lab‑grown stones curb demand, the government said, warning the glut will weigh on economic growth. The cash-strapped southern African country, […]
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