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[…]
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[…]
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[…]
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[…]
Botswana, De Beers sign overdue diamond deal
Botswana’s government signed on Tuesday a long-delayed diamond mining and sales agreement with Anglo American unit De[…]
Lucara hits annual diamond production record
Canada’s Lucara Diamond achieved record-breaking production in 2024, highlighted by the recovery of two exceptional stones at[…]
Botswana Forecasts 2025 Diamond Recovery
Botswana's government is forecasting a recovery in the diamond market later this year, and a consequent expansion[…]