Top- News zu Botswana

 

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....

Botswana and Angola played down the prospect of a fight over De Beers, after both previously said they would seek a majority equity share in the iconic diamond miner....

Moody's Ratings cut Botswana's credit score for the first time since 2021, citing the government's challenges in adjusting to a downturn in the diamond industry....

Ein weltweiter Vergleich der Altersvorsorgesysteme sieht Länder wie die Niederlande, Dänemark oder Israel an der Spitze. Die Noten für Deutschland sind dagegen ein Armutszeugnis. Vor allem in der zukunftsweisenden Kategorie sieht es desaströs aus....

Botswana said an unprecedented ad-hoc diamond auction late last month — in which it didn't sell any gems because the reserve price wasn't met — wasn't an “emergency sale.”...

Botala Energy reported a wider annual loss as it develops the Serowe coal bed methane project in Botswana. The company secured a mining licence, raised fresh capital, and signed an LNG offtake deal, targeting first gas supply by 2027/28....

Botswana didn't sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues to grapple with one of its deepest-ever crises....

Botswana is holding an unprecedented ad-hoc diamond auction, in a bid to raise money as its economy suffers from a slump in the global gem market....

Angola offered to buy a minority stake in De Beers in an attempt to keep one of the world's biggest diamond companies independent, after Botswana said it's seeking to take control of the firm....

Botswana's government has confirmed it wants to acquire a controlling stake in diamond giant De Beers, as majority owner Anglo American (LSE: ......

Botswana's president aims to complete a deal to take a majority stake in De Beers by the end of next month, even as his administration and other potential buyers continue negotiations with the diamond company's controlling shareholder....

Botswana's credit rating was cut by S&P Global Ratings, another blow to its diamond-dependent economy that's struggling with a slump in demand for its gems....

A diamond-market crisis has turned the finding of the gems into an affliction and a cautionary tale of what can happen to an economy that becomes overly reliant on one commodity....

The rise of cheaper, lab-made gems is robbing the country of the revenue that's made its people the richest on the sub-Saharan African mainland ...