Latest Economic News

Mar

18

Headline inflation unchanged at 3.9% in February 2024

Annual inflation in February 2024 was 3.9%, the same rate recorded in January 2024. Group indices were generaly stable recording marginal

Mar

18

S&P Global Ratings Affirms the Sovereign Credit Ratings and the Economic Outlook on Botswana

S&P Global Ratings has affirmed Botswana's sovereign credit ratings, maintaining a stable outlook. The country remains the highest credit-rated country in

Feb

20

Trade deteriorates in Q3 2023: The deficit expected to widen further.

Trade performance deteriorated in Q3 2023, as the value of exports decreased while increasing for imports. Total imports increased by 13.8%

Feb

20

Headline inflation marginally increases in January 2024

Annual inflation increased to 3.9% in January 2024, up from 3.5% in December 2023. Inflation was driven by Transport and Food &

Feb

20

A rough ending for the diamond industry in 2023

2023 was a rough year for the global diamond market, characterised by weaker demand for diamonds and lower prices associated with

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14 February 2020
 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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17 January 2020
Lucara Diamond Corp. announced that it has entered into a collaboration with Louis Vuitton ("LV"), the famous luxury House, and the ....
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16 January 2020
Headline inflation rate in December 2019 recorded an increase of 0.1% to 2.2%, up from 2.1% inflation rate in November 2019. Group ....
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15 January 2020
France has updated its tax haven blacklist and has removed Botswana after complying with the rules on the exchange of information ....
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20 December 2019
Forbes announced that it’s hosting the first-ever Under 30 Africa Summit in Botswana, April 19-23, 2020, a move that recognizes Botswana ....
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20 December 2019
De Beers’ rough sales totalled $425 million in December, the highest since April, as lower price levels and better profit margins ....
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17 December 2019
 In November 2019, headline inflation decreased to 2.1 percent from 2.4 percent in October 2019. According to the latest data from ....
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13 December 2019
The Monetary Policy Committee (MPC) of the Bank of Botswana met in December 2019 and decided to maintain the Bank Rate ....
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