Latest Economic News

Mar

24

MOODY'S AFFIRMS THE “A2” AND THE STABLE OUTLOOK SOVEREIGN CREDIT RATING FOR BOTSWANA

Moody’s Investors Service has affirmed Botswana's sovereign credit rating of ‘A2’ for long-term bonds denominated in both domestic and foreign currency,

Feb

28

Botswana Seeks New De Beers Diamond Sales Deal by End of April

 Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the

Feb

28

De Beers Posts Lowest Profit Since End of Diamond Monopoly

 Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned

Feb

14

Lucara finds another big gem at Karowe

 Lucara Diamond Company has annonced the recovery of an unbroken 549 carat white diamond from Karowe Diamond mine. In a press statement

Feb

14

De Beers reports uptick in first sales cycle to $545m on “inventory restocking”

 De Beers’ diamond  sales for the first sight or sales cycle of 2020 indicated the market may have stabilised, and could even

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