Botswana
Botswana business news from Gaborone. Diamond industry, tourism, financial services, and investment intelligence from Southern Africa’s stable democracy.
Botswana and Namibia’s $4bn refinery pact
Botswana and Namibia signed a bilateral agreement on May 28 at the AfDB Annual Meetings in Brazzaville to jointly develop…
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…