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…
Tag: Debswana
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…
Debswana: Leading Botswana’s Diamond Story at FACETS Conference
12 December 2024 Recently, the Antwerp World Diamond Centre invited experts, retailers, traders, and other stakeholders to gather in the…
Botswana economy could shrink 1.7% this year, finance minister says
7 December 2024 Botswana’s economy could shrink 1.7% this year, the first contraction since the COVID-19 pandemic, mostly because of…
Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024
30 October 2024 Sales of rough diamonds at the Debswana Diamond Company fell about 52% in the first nine months…
Botswana’s ODC seeks $300 million loans for diamond purchases
31 August 2024 Botswana’s state-owned Okavango Diamond Company (ODC) seeks a $300 million credit facility from local banks to support…
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…
De Beers extends Botswana sales deal as it negotiates new contract
De Beers Group said on Friday it has extended by six months a 10-year agreement with Botswana for the sale…
De Beers’ second-quarter rough diamond production up 134%
Diamond miner De Beers’ rough diamond production increased by 134% year-on-year to 8.2-million carats during the second quarter, which the…
Botswana unearths the world’s ‘third largest’ diamond
The 1,098-carat diamond is the biggest stone of gem quality to be found in the history of the Debswana company.…
Botswana’s Debswana expects to increase diamond output by 38% in 2021
Diamond producer Debswana aims to increase output by 38% this year to pre-pandemic levels of 23 million carats, a company…