Moody’s cuts Botswana rating again as diamond slump weighs on economy
26 September 2026 Ratings agency Moody’s on Friday downgraded Botswana’s domestic- and foreign-currency long-term issuer ratings to “Baa2” from “Baa1”,…
Tag: diamond slump
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 has credit rating cut by S&P on diamond slump
13 September 2025 Botswana’s credit rating was cut by S&P Global Ratings, another blow to its diamond-dependent economy that’s struggling…