Botswana is bracing for deeper ... The downturn has also led to a 3% contraction in the economy this year. With foreign reserves under pressure, officials plan to cut costs by trimming the ...

Government has drawn down its savings housed in the Government Investment Account (GIA) to a meagre P250 million, as widening ...

In a breakthrough for the long-awaited rescue of Tongaat Hulett, one of Southern Africa’s largest and most troubled sugar ...

Deputy Minister of Forestry, Fisheries and the Environment Narend Singh has called on delegates from governments across the continent to innovatively think about financing biodiversity, beyond the ...

Biodiversity is not a luxury; it is the foundation of our economies, our health, and our survival,” Singh emphasized.

Notable recent updates as reported by the operators of our Principal Properties include: 2025 Production Guidance Confirmed and Mine Extension Project Continues at Mount Milligan On May 6, 2025, ...

Economists say Zimbabwe’s financial system is not just under pressure — it is structurally impaired. Zimbabwe’s fire-fighting administration received a sobering warning from leading economists this ...

means the diamond industry at this point cannot even attempt to plan a response towards a recovery. The IMF, in its eagerly-awaited April World Economic Outlook, cut its forecast for Botswana’s ...

Anglo American acknowledges Peabody Energy’s statement regarding the acquisition of its Australian steelmaking coal mines, confirming that a co ...

The loan will finance the Governance and Economic Resilience Support Programme (GERSP), a one-year general budget support ...

AfDB has approved a $304 million loan to Botswana to support the country in managing mounting fiscal challenges and implementing key economic reforms ...

The new loan builds on the Bank's prior support to Botswana, including the Economic Recovery Support Programme implemented in 2021-2022, which had $200 million cofinancing from the OPEC Fund for ...