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The foundation stone of our prosperity

Diamonds have been the engine for Botswana’s economic development, catapulting the country from one of the poorest in the world in 1966 to middle income status by the 1990s with per capita income of about US$6,500. Diamonds dominate Botswana’s economy, contributing about 50 per cent of government revenues, over 70 per cent of export earnings and about a third of the gross domestic product. Botswana is now the world’s largest diamond producer by value.  Thanks to the …

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