Botswana’s State-owned diamond company turns to contract sales to manage tough market
11 February 2026 Botswana’s State-owned Okavango Diamond Company plans to increase the share of diamonds it sells to contracted buyers…
Tag: Debswana
Diamond slump spurs Botswana to propose raising income taxes
10 February 2026 Botswana plans to raise corporate and personal taxes to offset a slump in diamond revenue and rein…
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…
Botswana hits 97% mineral mapping coverage
18 October 2025 Botswana has completed 97% of its national mineral mapping, a milestone that strengthens its appeal to global…
Diamond sale fails in Botswana as buyers refuse to pay up
27 September 2025 Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough…
Botswana’s Debswana to approach capital markets to fund Jwaneng underground project
17 June 2025 Botswana’s Debswana Diamond Company is looking to international capital markets to help fund its $6 billion Jwaneng…
Botswana’s ODC to start contract diamond sales in September
30 May 2025 Botswana’s state-owned Okavango Diamond Company plans to start contracted gem sales in September, managing director Mmetla Masire…
Botswana’s VP and fin min on diamonds, diversification and tariffs
26 May 2025 Ndaba Gaolathe is one of the most influential figures in Botswana’s new administration, but the economy and…
Moody’s downgrades Botswana economy from stable to negative
14 April 2025 (IDEX Online) – Botswana’s economic outlook has been downgraded from stable to negative by Moody’s, as a…
Botswana’s economic outlook now negative, says S&P
25 March 2025 Botswana’s economic outlook has been downgraded from stable to negative by S&P Global Ratings (S&P) on account…
UK Minister for Africa visits Botswana’s Jwaneng Mine, highlights strategic partnership with Debswana
21 January 2025 In a significant diplomatic visit, Lord Collins of Highbury, the UK Minister for Africa, toured the Jwaneng…
Diamond sales at Botswana’s Debswana fall 49.2% as market downturn continues
1 August 2024 Sales of rough diamonds at Debswana Diamond Company fell 49.2% in the first half of 2024, according…
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…
Debswana Board approves key development phase for Jwaneng Underground Project
18 January 2024 The Board of Debswana, the 50:50 diamond mining joint venture between De Beers Group and the Government…
A New Dawn for the Botswana Diamond Industry
22 December 2023 The country is at a pivotal point in its diamond journey, with the new deal between De…
De Beers and Botswana to Seek New Diamond Deposits
22 November 2023 De Beers and the Botswana government will work together to find more diamond deposits, after both sides…
Botswana plans extra diamond sales route after De Beers deal
4 August 2023 Botswana‘s state diamond company is planning to diversify how it sells precious stones to the market as…
Debswana, BotsPost unveil ‘Diamond for Botswana’ stamps
27 June 2023 ORAPA: The country’s premier mining company Debswana, in partnership with Botswana Post launched 16 ‘Diamond for Botswana’…
De Beers’ sales reach P6.7bn
De Beers recently sold an estimated $495 million (P6.7bn) of rough diamonds in its second auction of the year, a…
Botswana intent on selling more diamonds without De Beers
Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with…
Botswana mining growth seen flat amid dim diamond outlook
Botswana expects output from its mining sector to be flat this year, as the diamond industry loses its sparkle due…
Diamond sales at Botswana’s Debswana hit record high in 2022
GABORONE, Jan 31 (Reuters) – Rough diamond sales by Debswana Diamond Company reached record levels in 2022, data showed on…
Diamond sales fuel Botswana budget surplus as buyers shun Russia
Surplus of 0.55% of GDP recorded in six months through Sept. Botswana is second biggest diamond producer in the world…
Natural Diamond Council Global Ambassador, Lily James, Visits Botswana
Highlights positive impact of the natural diamond industry on education, conservation and local business NEW YORK, Oct. 26, 2022 /PRNewswire/ — This…
Diamonds powers Botswana back trade surplus
Botswana’s trade balance, which has weakened in the past years, widening the trade imbalance, and causing large drawdowns from the…
Botswana sees Russian diamond ban opening door to synthetic gems
Botswana, Africa‘s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the…