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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20 November 2023
 Annual inflation in October 2023 was 3.1%, down from 3.2% in September 2023. Group indices were generally stable between the two months. Fuel ....
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20 November 2023
The Botswana economy continued to slow during the second quarter of 2023, partly because of the slowing global market for rough ....
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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 ....
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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 ....
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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, ....
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28 February 2020
 Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the ....
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28 February 2020
 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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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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