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Botswana's Economy Needs More Than Diamonds To Shine

Sotheby's auction house plans to offer the Lesedi la Rona diamond in London on June 29.
Seth Wenig AP
Sotheby's auction house plans to offer the Lesedi la Rona diamond in London on June 29.

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Botswana's Economy Needs More Than Diamonds To Shine

The world's second largest diamond goes on the auction block today for an expected $70 million.

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It was found last fall in Botswana, where half the population is poor or hovering just above poverty.

All of which raises the question: How much do diamond sales benefit Botswana's citizens?

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