Botswana weighs tax hikes as diamond slump hits state revenue

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Published Feb 11, 2026

Botswana weighs tax hikes as diamond slump hits state revenue

Botswana is feeling the pinch as a slump in diamond sales forces the government to consider raising taxes. Diamonds are the backbone of the economy, but global demand has weakened, prices are down, and production has slowed, leaving a big hole in state revenues.

READ MORE : http://www.africanews.com/2026/02/10/botswana-weighs-tax-hikes-as-diamond-slump-hits-state-revenue

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