Botswana Warns Diamond Oversupply Threatens Economic Growth
Botswana has warned that a growing diamond oversupply is set to weigh heavily on economic growth, as[…]
Botswana’s Diamond Stockpile Nearly Doubles as Prolonged Price Slump Pressures Economy
Botswana’s diamond stockpile has surged to almost double its targeted inventory levels as the global slump in[…]
De Beers Sale: Botswana Plus One or Two Buyers
Anglo American CEO Duncan Wanblad says the sale of De Beers will involve one or two shortlisted[…]
Major opportunity for the diamond business to return to old strengths, says luminary
Botswana is seeking a greater interest in De Beers, and Angola is seeking an interest too. To[…]
Botswana: Zero Sales in Emergency 1m-carat Tender
Okavango, Botswana's state-owned diamond company, failed to sell a single stone in an unprecedented "emergency" tender of[…]
Global Diamond Market Turmoil: Botswana Declares Health Emergency, India Faces Tariff Shock, Zimbabwe Strengthens Ties with India
The volatility in the global diamond industry is beginning to have severe humanitarian and economic consequences across[…]
De Beers Sale on Right Track, says Botswana Vice President
Botswana's vice president says he's confident that a new buyer will be found for De Beers by[…]
Botswana economy hit hard as diamond slump deepens
Botswana is bracing for deeper spending cuts and a widening budget deficit as a prolonged slump in[…]
Ousted Masisi Claims De Beer Funded Botswana’s Opposition
Botswana's former president Mokgweetsi Masisi has accused De Beers of funding the party that ousted him from[…]
Botswana’s Economic Outlook Now Negative, says S&P
Botswana's economic outlook has been downgraded from stable to negative by S&P Global Ratings (S&P) on account[…]