Diamonds are Forever (2009): Botswana's reliance on the diamond trade has brought about stability and prosperity - but can it last?
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For many African countries the discovery of diamonds has turned into a curse, with blood or conflict diamonds fuelling exploitation, subversion and division. But in Botswana, it 's a different story.
The diamond has transformed Botswana from one of the poorest countries in the world, to one of the most prosperous and stable countries in Africa. An inspiring initiative has seen Botswana 's vast diamond reserves, worth about three billion US dollars a year, being used to share wealth throughout the nation. Trade Consultant Ntetleng Masisi says they used diamonds to bring about health facilities, education and a markedly improved quality of life. "The earnings from our exports of diamonds have really done a lot for us. " But Botswana 's reliance on diamond revenue means that the whole of the country 's future is now in the hands of the diamond dealers .
SBS Australia - Ref. 4519
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1 окт 2024