Economy

Botswana reaffirms commitment to natural diamonds at WFDB summit

The diamond industry, particularly the natural diamond sector, is currently experiencing significant volatility, highlighting the critical importance of the World Federation of Diamond Bourses (WFDB).

Economy

Botswana cuts 2025 growth outlook as diamond industry faces extended slump

Botswana plans to lower its 2025 economic growth forecast to near zero, citing a sustained slump in the global diamond market, a senior official from the finance ministry said this week.

Economy

Biometric smart cards drive financial inclusion boom in Botswana

Over 75,000 food voucher recipients in Botswana have reportedly made smooth digital purchases at local retailers, thanks to a fintech solution implemented by SmartSwitch Botswana.

Economy

Botswana reaffirms commitment to natural diamonds at WFDB summit

The diamond industry, particularly the natural diamond sector, is currently experiencing significant volatility, highlighting the critical importance of the World Federation of Diamond Bourses (WFDB).

Economy

Botswana cuts 2025 growth outlook as diamond industry faces extended slump

Botswana plans to lower its 2025 economic growth forecast to near zero, citing a sustained slump in the global diamond market, a senior official from the finance ministry said this week.

Economy

Biometric smart cards drive financial inclusion boom in Botswana

Over 75,000 food voucher recipients in Botswana have reportedly made smooth digital purchases at local retailers, thanks to a fintech solution implemented by SmartSwitch Botswana.

Economy

Botswana urges stronger EU trade partnership as Trump tariffs bite

Botswana’s foreign minister has urged the EU to increase its investment efforts in the country. This is especially true given the significant impact of a 37% trade tariff imposed by the Trump administration.

Economy

Botswana inflation cools to 2.3% in April, breaking three-month upward trend

Botswana’s annual inflation rate eased significantly to 2.3% in April 2025, down from a seven-month high of 2.8% recorded in March.

Economy

Botswana VP launches European investment push after high-level US tour

Botswana’s Vice President and Finance Minister, Ndaba Gaolathe, has wrapped up a two-week official visit to the United States, where he participated in the 2025 IMF and World Bank Spring Meetings.

Economy

Botswana: Serious buyers express interest in De Beers stake

Botswana’s government expressed confidence that Anglo American will secure a buyer for its De Beers diamond division within the year.

Economy

Bank of Botswana predicts inflation slowdown in 2025

The Bank of Botswana has revised its inflation forecast for this year to an average of 2.5%, down from the earlier projection of 3.9%. The adjustment reflects expectations of lower fuel prices and the Pula's strengthening against the South African Rand.

Economy

Botswana shines with top business stand award at global tourism showcase

Botswana has received the esteemed “Best Stand in Doing Business” Award at the ongoing World Travel Market (WTM) Africa event in Cape Town, South Africa.

Economy

Collaboration key to driving economic growth in Botswana, says Minister

According to Botswana's Minister of Higher Education, Prince Maele, the country's future economic growth and innovation rely on strong collaboration between the education sector and industries.

Economy

Botswana seeks strategic European partnerships for growth

Botswana’s Vice President Ndaba Gaolathe has successfully secured key investment and trade deals during a historic European mission, bolstering the nation’s global economic position.

Botswana urges stronger EU trade partnership as Trump tariffs bite

Economy

Botswana urges stronger EU trade partnership as Trump tariffs bite

Botswana’s foreign minister has urged the EU to increase its investment efforts in the country. This is especially true given the significant impact of a 37% trade tariff imposed by the Trump administration.

Botswana inflation cools to 2.3% in April, breaking three-month upward trend

Economy

Botswana inflation cools to 2.3% in April, breaking three-month upward trend

Botswana’s annual inflation rate eased significantly to 2.3% in April 2025, down from a seven-month high of 2.8% recorded in March.

Botswana VP launches European investment push after high-level US tour

Economy

Botswana VP launches European investment push after high-level US tour

Botswana’s Vice President and Finance Minister, Ndaba Gaolathe, has wrapped up a two-week official visit to the United States, where he participated in the 2025 IMF and World Bank Spring Meetings.

Botswana: Serious buyers express interest in De Beers stake

Economy

Botswana: Serious buyers express interest in De Beers stake

Botswana’s government expressed confidence that Anglo American will secure a buyer for its De Beers diamond division within the year.

Bank of Botswana predicts inflation slowdown in 2025

Economy

Bank of Botswana predicts inflation slowdown in 2025

The Bank of Botswana has revised its inflation forecast for this year to an average of 2.5%, down from the earlier projection of 3.9%. The adjustment reflects expectations of lower fuel prices and the Pula's strengthening against the South African Rand.

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