Botswana’s economy forecast to shrink as diamond sector slumps

Botswana, the world’s largest producer of diamonds by value, relies on the precious stones for around one-third of its ...

Botswana's economy seen shrinking almost 1% in 2025 due to diamond sector woes

Botswana's government now forecasts an economic contraction of almost 1% this year as its key diamond sector continues to ...

Botswana economy to grow 3.1 pct in 2026 despite diamond sector challenges, says VP

Botswana's economy is projected to grow by 3.1 percent in 2026, although challenges continue to persist in the diamond sector, Vice President and Minister of Finance Ndaba Gaolathe said on Friday.
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De Beers Deal Is Boon for Botswana’s Economy, President Says

(Bloomberg) -- A new deal Botswana signed this month with De Beers will give it access to more diamonds and help it secure 10 billion pula ($762 million) in development funding, President Mokgweetsi ...

Botswana, the country with the biggest diamonds, gets an improved 10-year deal with miner De Beers

GABORONE, Botswana (AP) — The Botswana government signed a new diamond sales agreement crucial to its economy with the De ...
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Botswana’s economy expected to operate below full capacity

FRANCISTOWN: Lesego Moseki, the new Governor of the Bank of Botswana (BoB), has said that the economy is expected to continue to operate below full capacity in the short to medium term, thereby not ...
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Synthetic Stones Are Sinking Botswana’s Diamond-Based Economy

Diamonds are losing their sparkle, at least for the stones dug out of the ground. The rapid development of lab-grown synthetic diamonds increasingly looks like it will deliver a death blow to diamond ...