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[…]
HB Antwerp to Cut Lucara’s 1,094 carat Rough Diamond
The 1,094-carat Seriti diamond recovered last September from Lucara's Karowe mine, in Botswana, is now in Belgium,[…]
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’s central bank left its main lending rate
The Bank of Botswana held its Monetary Policy Rate at 1.90% for the second policy meeting in[…]
Botswana Forecasts 2025 Diamond Recovery
Botswana's government is forecasting a recovery in the diamond market later this year, and a consequent expansion[…]
De Beers seals sales and mining contract with Botswana
De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on[…]
Botswana’s leader says diamond deal reached with De Beers
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a[…]