Botswana economy – YourBotswana

Botswana’s diamond stockpile swells as gem price slump persists

Bamselle — Tue, 20 Jan 2026 15:19:05 +0000

20 January 2026 Botswana’s diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country…

Botswana economy to grow 3.1 pct in 2026 despite diamond sector challenges, says VP

Bamselle — Sun, 21 Dec 2025 18:47:40 +0000

Botswana’s economy seen shrinking almost 1% in 2025 due to diamond sector woes

Bamselle — Fri, 19 Dec 2025 16:55:05 +0000

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

Bamselle — Wed, 29 Oct 2025 15:40:58 +0000

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

Bamselle — Sat, 18 Oct 2025 17:55:52 +0000

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

Bamselle — Fri, 26 Sep 2025 17:21:03 +0000

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

Bamselle — Fri, 05 Sep 2025 15:58:39 +0000

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

Bamselle — Tue, 02 Sep 2025 15:20:36 +0000

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

Bamselle — Mon, 01 Sep 2025 18:37:28 +0000

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

Bamselle — Thu, 21 Aug 2025 17:25:49 +0000

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

Bamselle — Wed, 20 Aug 2025 16:10:19 +0000

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

Bamselle — Fri, 18 Jul 2025 19:26:30 +0000

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

Bamselle — Thu, 03 Jul 2025 11:05:47 +0000

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

Bamselle — Mon, 07 Apr 2025 17:50:08 +0000

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

Bamselle — Mon, 31 Mar 2025 16:06:05 +0000

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

Bamselle — Fri, 21 Feb 2025 18:20:06 +0000

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

Bamselle — Fri, 14 Feb 2025 18:13:24 +0000

Botswana sees 3.3% growth in 2025 amid upturn in diamond market

Bamselle — Tue, 11 Feb 2025 18:57:23 +0000

10 February 2025 Botswana’s economy is forecast to grow 3.3% this year after a contraction in 2024, due to an…

Gov’t warns of austerity measures

Bamselle — Wed, 25 Dec 2024 13:50:51 +0000

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

Bamselle — Wed, 22 May 2024 14:13:14 +0000

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

Bamselle — Wed, 07 Feb 2024 15:21:17 +0000

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

Bamselle — Sat, 07 Oct 2023 15:07:23 +0000

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

Bamselle — Thu, 08 Dec 2022 19:31:21 +0000

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

Bamselle — Wed, 18 May 2022 14:15:46 +0000

KASANE – Botswana’s economy is expected to get a boost from an improved tourism industry that has been on a…

Foreign Reserves added an extra billion in April 2021

Bamselle — Thu, 22 Jul 2021 19:00:51 +0000

The Botswana government fiscal position showed positive signs in April as foreign exchange reserves reflected growth, adding an extra billion…

Botswana hits another trade surplus

Bamselle — Wed, 05 May 2021 18:22:50 +0000

Botswana’s trade balance appears to be improving, driven by a recovery in the diamond industry. In recent years, the country’s …