With Diamonds Running Out, Botswana's Gems Income Uncertain

Botswana has been in the diamond industry news a great deal in recent weeks with discoveries of diamonds, capped by the huge media coverage of a 1,111-carat diamond uncovered by Lucara Diamonds.

However, the country's diamond income looks somewhat uncertain since predictions by analysts suggest the gems will have depleted in 15 years time. 

That would be a considerable blow to the Southern African nation which has financed national development since achieving independence in 1966.

Botswana's diamond exports account for about 80 percent of foreign currency earnings and around 70 percent of gross domestic product.