GABORONE, Botswana (AP) — The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations.

Botswana will cut its 2025 economic growth forecast to almost zero due to a prolonged downturn in the global diamond industry, a senior financial ministry official said Monday, with the budget deficit ...

Diamond sales drop 50%, pushing Botswana into fiscal and employment strain • Debswana to cut 1,000 jobs as government and De Beers launch talent programs • IMF forecasts -0.4% GDP growth in 2025, ...

Botswana has seen a decline in its global competitiveness, mainly due to being outpaced in reforms by other countries, the ...

GABORONE, Feb 10 (Reuters) - Botswana's economy is forecast to grow 3.3% this year after a contraction in 2024, due to an expected recovery in the global diamond market, its finance minister said ...

Explore the rising cost of living in Africa, its economic impact on households and businesses, and the growing challenges of ...

Business Botswana relaunches China representative office to strengthen trade and investment ties between Botswana and China.

The Botswana horticulture has made significant strides, now meeting 79% of the country’s national vegetable and fruit demand, ...

Botswana's main diamond company has paused production at some of its mines, citing a prolonged downturn in global demand. Debswana, a joint venture between the government and global mining giant De ...

GABORONE, Botswana — The Botswana government signed a new diamond sales agreement crucial to its economy with the De Beers mining company on Tuesday after seven years of negotiations.

Botswana's economy contracted by 3% in 2024 largely due to the diamond market downturn, but the government had expected mineral revenues, including diamonds, ...