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.
#AfBusiness
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.
#AfBusiness
- Category
- Botswana
- Tags
- African economy, Botswana, tax reform
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