The Botswana Stock Exchange (BSE) is undertaking an ambitious overhaul that could fundamentally reshape the country’s capital markets.
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The Botswana Stock Exchange (BSE) is undertaking an ambitious overhaul that could fundamentally reshape the country’s capital markets.
Botswana’s diamond industry has received a powerful vote of confidence as De Beers reveals that American consumers are spending more on natural diamonds than ever before. This surge boosts hopes that the company’s new partnership with Botswana could unlock a P7 billion development fund and restore faith in the sector. Despite mounting competition from synthetic alternatives, natural diamonds remain the most coveted luxury jewelry in the United States. This upbeat outlook arrives at a pivotal...
The debate over whether Botswana’s universities are driving meaningful economic change has sharpened following candid remarks from University of Botswana Vice Chancellor Professor David Norris. He insists that true impact, empowerment, and livelihood creation must define the modern university, not academic output alone. His comments have brought new scrutiny to whether UB’s innovation agenda is turning ideas into industries or merely producing prototypes. Botswana’s flagship innovation hub is nurturing advanced technology and ambitious startups. But...
Botswana currently stores approximately 300 tonnes of confiscated elephant tusks in government facilities, a stockpile valued at potentially millions of dollars on the international market, yet unsellable under existing trade restrictions. This was revealed by Moemi Raeshimane Batshabang, director of the Department of Wildlife and National Parks (DWNP), during Day 7 of the Standing Committee on Government Assurances’ review of the Ministry of Environment and Tourism. The seized ivory is securely held by government authorities...
Botswana government is gearing up for one of its boldest environmental shifts yet: a complete ban on single-use plastics by 2027. This comes even as the national plastic levy continues to bring in about P1.5 million every month. The move marks a clear turn from simply taxing plastic use to outright eliminating it, aiming for a cleaner, more sustainable economy. If successful, Botswana will join a growing group of African nations taking serious steps to...
Botswana’s state-owned Okavango Diamond Company (ODC) has extended its operational reach into India, conducting rough diamond viewing sessions in Mumbai. This move has prompted fresh questions about the company’s presence in the Asian diamond hub and why details of the arrangement remain undisclosed. Documents released ahead of ODC’s May 2026 Spot Auction reveal that the company held diamond viewings in both Gaborone and Mumbai. The Mumbai sessions took place from April 20 to April 24...
Botswana is mounting a bold effort to reposition its diamond industry at the crossroads of global finance, technology, and storytelling. Industry leaders are sounding the alarm that traditional approaches to selling natural diamonds will no longer suffice amid growing competition from lab-grown gems. This urgency was clear at the World Federation of Diamond Bourses Botswana Summit, where speakers painted a future shaped by artificial intelligence, blockchain technology, and financial innovation. Executives emphasized that Botswana must...
Botswana is poised to undertake a significant transformation in its fight against corruption as the government prepares to introduce a new Anti-Corruption Bill to Parliament this July. Concurrently, plans are advancing to grant the Directorate on Corruption and Economic Crime (DCEC) full operational independence. These developments were disclosed by the Minister for State President, Defence and Security, Moeti Mohwasa, during a staff engagement meeting in Gaborone on May 26. The reforms are designed to bolster...
The domestic business community in Botswana has painted a cautiously bleak picture of the country’s near-term economic outlook, signaling weak confidence for the first half of 2026 and only a modest recovery thereafter. According to the latest quarterly Business Expectations Survey (BES) released by the Bank of Botswana, firms remain broadly pessimistic about trading conditions, constrained by weak government spending, exchange rate pressures, and rising input costs. While output is expected to see a slight...
Botswana’s decision to join the World Federation of Diamond Bourses (WFDB) marks a pivotal moment in the global diamond industry, spotlighting the southern African nation’s resolve to defend its natural diamond sector amid mounting disruption from synthetic alternatives. The international summit held in Gaborone last month was more than a ceremonial event; it was a strategic declaration that Botswana intends to lead not only in ethical diamond production but in expanding local ownership and participation...
