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…

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…

Dangote picks Mombasa for $17bn East Africa refinery

Aliko Dangote told the Financial Times he is leaning toward Mombasa over Tanzania's Tanga for…