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| Name | The STRENGTHS and WEAKNESSES of BOTSWANA |
| Video Uploader | Video From Displore |
| Upload Date | This Video Uploaded At 19-08-2020 12:48:11 |
| Video Discription | The Strengths and Weaknesses of Botswana Welcome to Displore and thanks for watching. In this video we shall be looking at the strengths and weaknesses of the beautiful country of Botswana. Botswana is a landlocked country in southern Africa. Botswana is topographically flat, with up to 70% of its territory being the Kalahari Desert. It is bordered by South Africa to the south and southeast, Namibia to the west and north, and Zimbabwe to the northeast. A mid-sized country of just over 2.3 million people, Botswana is one of the most sparsely populated countries in the world. Around 10% of the population lives in the capital and largest city, Gaborone. If you will like more information on Botswana, check out these videos on our channel such as ‘10 things you didn’t know about Botswana’, ‘How Botswana rose from Grass to Grace’, ‘10 Places to visit in Botswana’ and more. Just click on the cards on your screen to watch. Botswana has both strengths and weaknesses and in this video we will explore both in order to make value judgments on the country. The strengths of the African nation Botswana are the internal aspects of the country either natural or man-made which helps or fosters the country’s growth and progress. The weaknesses on the other hand are internal aspects that hinder the country’s improvement and are strikes which make a nation less attractive to investors, foreigners and most importantly its citizens. If you are new here, welcome, be sure to subscribe and turn on notifications so you don’t miss any of our videos. So let us kick off this video on a positive note with the strengths of Botswana. The Strengths of Botswana 1. Strong External Position One thing that determines if a country is internally strong depends on its external debt ratios to export value and Botswana has set itself distinctive in that aspect. Botswana’s external creditor position remains comfortable as unlike most African nations, its debts are manageable. Botswana also has $8 billion in foreign exchange reserves, which cover 11 months of imports and ensures the country doesn’t run flat anytime soon. Public debt is low at 14% of GDP with 28% of exports and interest and debt service ratios are excellent. 2. Mining Industries Botswana has one of the biggest mining industries in the world. Debswana, the largest diamond mining company operating in Botswana, is 50% owned by the government. The mineral industry provides about 40% of all government revenues. In 2007, significant quantities of uranium were discovered, and mining was projected to begin by 2010. Several international mining corporations have established regional headquarters in Botswana, and prospected for diamonds, gold, uranium, copper, and even oil, many coming back with positive results. Botswana's Orapa mine is the largest diamond mine in the world in terms of value and quantity of carats produced annually. Estimated to have produced over 11 million carats in 2013, with an average price of $145/carat, the Orapa mine was estimated to produce over $1.6 billion worth of diamonds in 2013. 3. Ecological Potentials Botswana has diverse areas of wildlife habitat. In addition to the delta and desert areas, there are grasslands and savannas, where blue wildebeest, antelopes, and other mammals and birds are found. Northern Botswana has one of the few remaining large populations of the endangered African wild dog. Chobe National Park, found in the Chobe District, has the world's largest concentration of African elephants. The park covers about 11,000km2 and supports about 350 species of birds. Other reserves include the Central Kalahari Game Reserve located in the Kalahari desert in Ghanzi District; Makgadikgadi Pans National Park and Nxai Pan National Park are in Central District in the Makgadikgadi Pan. There are also specialized sanctuaries like Khama Rhino Sanctuary and Makgadikgadi Sanctuary for flamingos. All this ecological diversity provides great touristic potentials and also nation preservation for future generations. 4. Political Stability Formerly the British protectorate of Bechuanaland, Botswana adopted its name after becoming independent within the Commonwealth on the 30th September 1966. Since then, it has been a representative republic, with a consistent record of uninterrupted democratic elections and the lowest perceived corruption ranking in Africa since at least 1998. It is currently Africa's oldest continuous democracy. Botswana’s stable political environment includes a multi-party democratic tradition, with general elections held every five years. The ruling Botswana Democratic Party has been in power since 1966. In October 23, 2019 Botswana held its 11th general elections, with His Excellency President Mokgweetsi Eric Masisi assuming the presidency. 5. Economic Growth and Improved Standards of Living Formerly one of the poorest countries in the world with a GDP per capita of about US$70 per year in the late |
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