Southern Africa's diamond sector is bracing for extended weakness in global prices, and Botswana bears the brunt of this downturn. The nation's budget faces mounting pressure as diamond export revenues—historically a pillar of state finances—continue to erode. This prolonged commodity slump reflects broader challenges in the global luxury market, much like how crypto markets experience extended bear cycles. For investors tracking resource-dependent economies and commodity correlations, this serves as a reminder that traditional asset classes and emerging markets remain vulnerable to similar cyclical pressures that affect portfolio diversification strategies.