Top- News zu Botswana

 

The Washington-based agency warned UK Government debt is 'highly elevated' at £2.9trillion, or 94 per cent of total national output....

Botswana's diamond-driven economy is under mounting strain as global demand weakens and production falls....

Albaddad Group's planned New Botswana City development is expected to rank among the largest foreign direct investment projects in the African country's history....

Botswana said an oil tanker disabled by the US in the Persian Gulf was falsely registered under its flag, highlighting a common tactic that often uses African nations to obscure the identity of ships....

Botswana is in talks with the United Arab Emirates and Oman to help the diamond-rich nation acquire a “strategic” stake in De Beers from Anglo American Plc, President Duma Boko said....

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The former leader won praise for good governance and the fight against HIV/AIDS in the southern African nation....

Botswana's central bank became the first in Africa to raise interest rates after the Iran war triggered a global energy-supply shock....

If Gaborone secures a 30% stake in the Angolan refinery, its proportional share would equate to around 60,000 bpd of refining capacity, roughly twice Botswana's current level of consumption....

Botswana's finance minister wants to lift the government's statutory debt ceiling to 60% of GDP from 40% due to public finances being increasingly constrained amid a downturn in diamond prices....

S&P Global Ratings cut Botswana's credit score late Friday, maintaining its investment grade but citing risks to fiscal stability amid diamond industry woes. The ratings company maintained a negative outlook....

Botswana's inflation will peak at just over 5% this year, down from a December forecast of 6.2%, due to “stabilizing exchange-rate dynamics”, Bank of Botswana Governor Lesego Moseki said....

Botswana plans to raise corporate and personal taxes to offset a slump in diamond revenue and rein in a widening budget deficit....

De Beers Cuts Diamond Prices, Botswana Warns Of Prolonged Slump De Beers, the world's largest diamond mining company, has warned of a prolonged downturn in the gem industry after cutting prices for the first time since 2024. Botswana is the epicenter of De Beers' diamond production, and declining output alongside falling prices is set to put significant pressure on the southern African nation's finances. On Monday, Bloomberg News reported that De Beers cut its diamond prices for the first time in over a year, abandoning efforts to prop up the market amid faltering demand. A combination of soft Chinese luxury spending, expanding market share for lab-grown stones, and added pressure from US tariffs on India has pressured the world's largest diamond exporter. The Diamond Standard Index, a benchmark price measure for investment-grade natural diamonds, has fallen by more than half since peaking in early 2022. The index is now at a record low, with data going back to 2002. As for Botswana, the F...

Botswana is resigned to a prolonged period of weak diamond prices with serious implications for the budget of the southern African nation, where the gems are a vital source of income....

According to Phenyo Butale, the foreign policy course being pursued by Botswana is that it is open to cooperation with everyone globally who is seeking mutually beneficial cooperation with it...

Two goals in 18 minutes from forward Nicolas Jackson set the tone for Senegal's Group D win over Botswana at AFCON 2025....

Botswana President Duma Boko reiterated a plan to take control of De Beers, rebuffing a warning from the International Monetary Fund that the diamond market's prolonged slump makes it a risky undertaking....

Botswana holds the world's largest elephant population with one of the highest trophy-hunting quotas....

Botswana's president reiterated his plan to acquire a majority stake in De Beers, as Anglo American Plc looks to offload its controlling interest in the iconic diamond company....