Latest Economic News

May

25

Annual GDP slows in 2019, records 3.0% year-on-year growth.

The rate of growth of the Botswana economy slowed during 2019, as a result of contraction in the mining sector, particularly

May

25

Headline inflation rate increases to 2.5% in April 2020

Annual inflation rate increased to 2.5% in April 2020, up from 2.2% recorded in March 2020. The increase in inflation rate

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

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25 May 2020
The rate of growth of the Botswana economy slowed during 2019, as a result of contraction in the mining sector, particularly ....
Read More..
25 May 2020
Annual inflation rate increased to 2.5% in April 2020, up from 2.2% recorded in March 2020. The increase in inflation rate ....
Read More..
24 March 2020
Moody’s Investors Service has affirmed Botswana's sovereign credit rating of ‘A2’ for long-term bonds denominated in both domestic and foreign currency, ....
Read More..
28 February 2020
 Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the ....
Read More..
28 February 2020
 Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned ....
Read More..
14 February 2020
 Lucara Diamond Company has annonced the recovery of an unbroken 549 carat white diamond from Karowe Diamond mine. In a press statement ....
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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 ....
Read More..