Botswana’s diamond stockpile swells as gem price slump persists
20 January 2026 Botswana’s diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country…
Tag: Botswana economy
Botswana economy to grow 3.1 pct in 2026 despite diamond sector challenges, says VP
21 December 2025 Botswana’s economy is projected to grow by 3.1% in 2026, although challenges continue to persist in the…
Botswana’s economy seen shrinking almost 1% in 2025 due to diamond sector woes
19 December 2025 Botswana’s government now forecasts an economic contraction of almost 1% this year as its key diamond sector…
Moody’s follows S&P, downgrades Botswana
29 October 2025 (IDEX Online) – Global credit ratings agency Moody’s has followed S&P in downgrading Botswana. It says the…
Moody’s cuts Botswana’s rating by a notch to ‘Baa1’ amid diamond industry slump
18 October 2025 Global credit ratings agency Moody’s downgraded Botswana’s rating to ‘Baa1’ from ‘A3’ on Friday, citing the government’s…
Botswana economy suffers steep contraction in Q2 on diamond sector woes
26 September 2025 Botswana’s economic output fell sharply in the second quarter, reflecting a steep decline in output from its…
Botswana sees softest inflation rate since August 2020
5 September 2025 AI Generated Summary In a recent interview on CNBC Africa, Kealeboga Mogodi, Head of Business and Commercial…
Lab-grown gems are robbing Botswana of its diamond riches
2 September 2025 The rise of cheaper, lab-made gems is robbing the country of the revenue that’s made its people…
Botswana enlists Lazard for ambitious De Beers takeover
1 September 2025 BOTSWANA has appointed Lazard to advise on acquiring control of diamond giant De Beers, following Qatar’s recent…
Botswana central bank holds rate for sixth meeting as inflationary risks weigh
21 August 2025 Botswana’s central bank left its monetary policy rate unchanged at 1.90% on Thursday, its six consecutive meeting without…
Gov’t to tighten spending further on diamond revenue slump
20 August 2025 Government will tighten spending further following a difficult first half of the year marked by a sharp…
Botswana launches economic transformation programme to diversify economy
18 July 2025 Botswana President Duma Boko on Tuesday unveiled the Botswana Economic Transformation Programme, calling for bold ideas to…
Botswana Secures $200 Million OPEC Fund Loan to Support Fiscal Reform
3 July 2025 Botswana has secured a US$200 million (approximately P2.7 billion) policy-based loan from the OPEC Fund for International…
Time to regain the sparkle: A new growth strategy for Botswana
7 April 2025 Botswana has lost some of its economic lustre. Consider these figures: from independence in 1966 to the…
Botswana hosts major hemp Indaba to chart regulatory way forward
31 March 2025 Up to 300 delegates are expected to descend on the Ba Isago Convention Centre on April 5…
Botswana’s grim economic reality
21 February 2025 More government expenditure despite economic struggles. 2024/25 budget deficit projected at P24.73 billion. Botswana’s economy contracted by…
Diamond-dependent Botswana aims to diversify economy
14 February 2025 With the diamond industry facing an uncertain future, Botswana is seeking to develop industries such as agriculture,…
Botswana sees 3.3% growth in 2025 amid upturn in diamond market
10 February 2025 Botswana’s economy is forecast to grow 3.3% this year after a contraction in 2024, due to an…
Botswana expects 2025 economic growth rebound on better diamond market
18 January 2025 Botswana’s economy is expected to grow 3% to 4% in 2025 after a contraction last year, a…
Bank of Botswana poised for key rate decision
8 January 2025 The Bank of Botswana’s (BoB) Monetary Policy Committee (MPC) is set to convene on Thursday to review…
Gov’t warns of austerity measures
25 December 2024 The Ministry of Finance intends to implement austerity measures in the medium-term, including reducing the civil service…
The Brilliance of Botswana Diamonds
20 May 2024 Discover how the natural diamond industry helped transform the now thriving Southern African country with brilliant Botswana…
Botswana forecasts economic rebound, budget focus on infrastructure
7 February 2024 Botswana sees a recovery in economic growth this year and plans to increase spending on infrastructure development…
Fifth consecutive trade surplus as copper comes to the party
7 October 2023 Botswana this week reported its strongest quarterly trade surplus since 2019, powered by copper exports in addition…
Botswana: African Development Bank Group commits $180 million to bolster post-COVID-19 economic recovery
The Board of Directors of the African Development Bank has approved a loan of $179.66 million to support government reforms…
Botswana looks to tourism sector to ‘heal’ the economy
KASANE – Botswana’s economy is expected to get a boost from an improved tourism industry that has been on a…