Botswana
Botswana business news from Gaborone. Diamond industry, tourism, financial services, and investment intelligence from Southern Africa’s stable democracy.
Botswana’s $3.7bn reserve loss forces a rethink
Botswana's foreign exchange reserves have collapsed from $7.5bn in 2017 to $3.2bn today. Diamond revenues are down 50%. GDP contracted…
Botswana opens $75,000 citizenship by investment
Botswana has unveiled its Impact Investment Programme, offering citizenship for contributions of $75,000 to $90,000, as Africa's leading diamond producer…
Anglo American Takes $2.3 Billion Hit on De Beers as Sale Process Nears Completion
Anglo American has booked a second consecutive multi-billion-dollar impairment on De Beers — $2.3 billion in 2025 after $2.9 billion…
Newsletter
Airtel Africa profit triples to $813m as data beats voice
Airtel Africa reported FY2026 profit after tax of $813 million, up 147%, on revenue of…
Safaricom FY2026: record KSh80bn dividend, profit up 67%
Safaricom posted group net income of KSh99.7 billion for FY2026, up 67%, and declared a…
South Africa unemployment hits 32.7% as 345,000 jobs lost
South Africa's unemployment rate rose to 32.7% in Q1 2026 from 31.4% in Q4 2025…
Dangote picks Mombasa for $17bn East Africa refinery
Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…