Business

Botswana's state-owned Okavango Diamond Company (ODC) is seeking a $300 million credit facility from local banks to support increased volumes of diamond purchases, finance minister Peggy Serame announced on Thursday.

posted on 02.09.2024

Business

Sales of rough diamonds at Debswana Diamond Company fell by 49.2% in the first half of this year, according to data from Botswana's central bank, totalling $1.29 billion, down from $2.54 billion in the same period last year.

posted on 02.08.2024

Business

De Beers Group diamond company has announced it is to relocate its auction business headquarters from Singapore to Botswana in a bid to streamline its operations.

posted on 29.04.2024

Business

Botswana and Zimbabwe are set to host a joint business forum in Botswana on Thursday 8th, February, with the objective of developing and boosting trade and economic relations.

posted on 05.02.2024

Business

Global diamond company De Beers has announced it is planning to proceed with a $1 billion investment to extend the life of the flagship Jwaneng mine in Botswana, despite last year’s decline in gem demand continuing.

posted on 12.01.2024

Business

The state-owned Okavango Diamond Company (ODC) in Botswana has temporarily stopped its rough stone sales

posted on 25.10.2023

Business

Botswana’s government is reviewing a proposed deal with HB Antwerp following reports Lucara Diamond terminated its sales agreement with the Belgian company due to financial irregularities

posted on 29.09.2023

Business

​​​​​​​The sale of rough diamonds at Botswana's Debswana Diamond Co declined 17% between January and June this year, according to data published by the Bank of Botswana,

posted on 02.08.2023

Business

Botswana’s Local Enterprise Authority (LEA) has unveiled an association for Small, Medium and Micro Enterprise (SMMEs) within the government’s bid to boost the sector.

posted on 08.06.2023

Business

Rough diamond sales by Debswana Diamond Co declined in Q1, according to data published by the Bank of Botswana, as caution increased in the market over uncertainty surrounding the global macroeconomic outlook.

posted on 02.05.2023

Business

Botswana’s president Mokgweetsi Masisi has issued a warning to diamond miner De Beers after acquiring a 24% stake in HB Antwerp.

posted on 12.04.2023