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Tag: diamonds

Botswana pushes for end to US tariffs

6 April 2026 Botswana says it is determined to secure an end to US tariffs on its diamonds and other…

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1 week ago

Botswana to settle for smaller De Beers’ stake?

1 April 2026 Botswana may now settle for a minority stake in De Beers rather than seeking majority control, according…

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2 weeks ago

Botswana’s economy shrinks 5.4% in fourth quarter, mainly due to mining

1 April 2026 Botswana’s real gross domestic product shrank 5.4% in year-on-year terms in the fourth quarter of last year, data showed on…

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2 weeks ago

Botswana Economy Beyond Diamonds: Why Diversification Is Key to Future Growth

Botswana’s Economy at a Crossroads Botswana’s economy has long been built on diamonds – but that model is under increasing…

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3 weeks ago

Botswana’s diamond sales fall again, weighed down by weak global demand

8 March 2026 Canada’s Lucara Diamond said on March 3 that it expects lower revenue in 2026 from its  Karowe…

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1 month ago

Botswana accelerates copper, cobalt and lithium strategy to strengthen post-diamond economic resilience

20 February 2026 Botswana is accelerating its copper, cobalt and lithium strategy as structural shifts in global diamond markets push…

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2 months ago

Botswana warns US trade policy could deepen diamond industry slump

23 January 2026 Botswana, the world’s second-largest diamond producer, faced rising economic risks as global demand and prices weakened and…

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3 months ago

Lucara publishes report for Botswana’s Karowe underground expansion

8 January 2025 Canadian mining company Lucara Diamondhas publishedan updated feasibility study for the Karowe underground diamond mine in Botswana.…

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3 months ago

Botswana willing to partner with Russia on diamonds

6 January 2026 Botswana is ready to collaborate with Russia in the diamond sector to strengthen its economy, media reports…

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3 months ago

Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds, minister says

4 January 2025 Botswana plans to open an embassy in Moscow soon and has invited Russian investors to cooperate on…

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3 months ago

GDP surprises with 8.2% jump in third quarter

1 January 2026 The economy expanded by 8.2% year-on-year in the third quarter due largely to stronger diamond production, a…

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3 months ago

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…

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4 months ago

“Don’t tell me about IMF – we’re buying De Beers.” – President Boko

17 December 2025 President Duma Boko has firmly reiterated Botswana’s intention to acquire De Beers, dismissing advice from observers and…

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4 months ago

Botswana grants new copper license to reduce reliance on diamonds

16 December 2025 Diamonds remain a pillar of Botswana’s economy. However, the global diamond market crisis has weakened this advantage…

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4 months ago

Botswana working on majority stake in De Beers

11 November 2025 BOTSWANA is taking steps to buy a majority stake in De Beers following Angola’s rival bid for…

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5 months ago

Botswana’s Minister Bogolo Joy Kenewendo and how natural diamonds make her nation shine

9 November 2025 How natural diamonds have shaped the life of Minister Kenewendo and the opportunities that diamonds hold for…

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5 months ago

Botswana, Angola eye split in battle for De Beers

8 November 2025 Botswana and Angola mining authorities met in Botswana’s capital Gaborone on Friday as both nations position themselves…

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5 months ago

10 Incredible diamond discoveries in Botswana that shook the world

26 October 2025 Explore Botswana’s remarkable diamond discoveries that transformed the industry and showcased the beauty of natural diamonds. Botswana has produced…

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6 months ago

Botswana’s ODC sets first contract diamond sales for November

17 October 2025 Botswana’s state-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies…

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6 months ago

Major opportunity for the diamond business to return to old strengths, says luminary

15 October 2025 Botswana is seeking a greater interest in De Beers, and Angola is seeking an interest too. To…

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6 months ago

Anglo American and Botswana: Divorcing and Remarrying

6 September 2025  Ernest Oppenheimer gained control of De Beers in 1929, and Anglo American bought the control from the…

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7 months ago

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…

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8 months ago

Botswana to allow currency to depreciate quicker with economy under pressure

11 July 2025 Botswana said on Thursday that it would allow its pula currency to depreciate by 2.76% over the…

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9 months ago

You’ll be hearing a lot more about Botswana diamonds

15 June 2025 This week, I spoke with Botswana president Duma Boko and the country’s minister of minerals and energy,…

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10 months ago

Polish all Botswana diamonds locally, President reportedly urges 

30 May 2025 President Duma Boko has called for every diamond from Botswana’s mines to remain in the country for…

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11 months ago

Botswana government puts diamond trader deal on back burner

15 March 2025 Botswana’s deal to acquire a stake in Belgian gem trader HB Antwerp – proposed by the previous…

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1 year ago

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