Latest Economic News

Apr

29

Monetary Policy Rate (MoPR) maintained at 2.40%

The Bank of Botswana’s Monetary Policy Committee (MPC) maintained the Monetary Policy Rate (MoPR) at 2.40% at the meeting held in

Apr

29

DBGSS improves in Q1 2024

The demand for rough diamonds improved during Q1 2024, with the first two sales cycles of the year registering a sharp

Apr

29

International trade records a deficit in 2023

International trade activity slowed during the year to December 2023. The value of both imports and exports recorded in 2023 was

Apr

29

Economic growth slows in 2023

The Botswana economy slowed during 2023. Real GDP growth was 2.7% in the twelve months to December 2023, compared to 5.5%

Mar

18

Headline inflation unchanged at 3.9% in February 2024

Annual inflation in February 2024 was 3.9%, the same rate recorded in January 2024. Group indices were generaly stable recording marginal

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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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16 January 2020
Headline inflation rate in December 2019 recorded an increase of 0.1% to 2.2%, up from 2.1% inflation rate in November 2019. Group ....
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15 January 2020
France has updated its tax haven blacklist and has removed Botswana after complying with the rules on the exchange of information ....
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