Latest Economic News

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

Real GDP slows further in Q3 2023

The global diamond market continues to experience a persistent weakening of demand for diamonds, adversely impacting on economic growth. Real GDP

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

Feb

20

Botswana diamond exports decreased in Q3 2023

The global demand for rough diamonds continued to be depressed in Q3 2023. Total diamond exports recorded a decrease of 22.3%

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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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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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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
 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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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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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 ....
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