An uncertain second half beckons for diamonds
Friday, July 12, 2024 | 300 Views |
Buzzing trade: The Las Vegas JCK Show is an important barometer of trends such as demand in the diamond industry PIC: MBONGENI MGUNI
As bad as the diamond numbers are, some analysts on the retail end of the spectrum are seeing some positive signs.
And the retail end is where the light is required. The slump that caused a 5.3% contraction in the economy this year, largely traces back to oversupply of diamonds in the retail market from early 2023.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...