Experts urge Tanzania to learn from Botswana’s diamond crisis

Dar es Salaam. Economists have urged Tanzania to draw lessons from Botswana’s deepening crisis, warning that overdependence on a single commodity exposes national economies to severe shocks.

The call follows Botswana’s declaration of a public health emergency last week after its economy, heavily reliant on diamonds, was crippled by a slump in global demand. The downturn has left the southern African nation struggling to finance critical imports, including medicines and medical supplies.