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Debswana cuts diamond production by 40% due to weak global demand, impacting Botswana's economy.
Debswana, Botswana's main diamond company, is cutting production by 40% this year due to weak global demand.
The company, which handles about 90% of Botswana's diamond sales, has paused operations at some mines.
Sales revenue dropped nearly 50% last year, and the economic growth forecast for Botswana in 2025 is expected to be close to zero due to the prolonged downturn in the diamond industry.
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Debswana reduce la producción de diamantes en un 40% debido a la débil demanda mundial, lo que afecta a la economía de Botswana.