Botswana seeks to raise debt ceiling to weather diamond market downturn
Botswana’s finance minister sought parliamentary approval on Wednesday to raise the country’s statutory debt ceiling from 40%[…]
Botswana’s State-owned diamond company turns to contract sales to manage tough market
otswana's State-owned Okavango Diamond Company plans to increase the share of diamonds it sells to contracted buyers[…]
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[…]
Okavango: “It wasn’t an Emergency Tender”
Okavango, Botswana's state-owned diamond company, says its planned sale of 1m rough carats last month was not[…]
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[…]
US Importers to Pay 37% Tariff on Botswana Diamonds
The US is almost certain to go ahead and impose a 37 per cent tariff on all[…]
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[…]