For decades, it was almost impossible to talk about Botswana’s economy without talking about diamonds. Alongside agriculture and the country’s world-famous wildlife and tourism industry, the gems have long defined Botswana’s economy and the outside world’s perception of it. But something is changing, says Aobakwe Kobue, Managing Director of Prime Collective Investments’ Botswana business. After decades in which diamond revenues provided an extraordinary degree of security, Botswana is being forced to ask a new question:...

In a year when much of the region’s commercial property sector was still nursing the bruises of higher borrowing costs and cautious tenants, The Far Property Company Limited (FPC) has delivered the kind of results that turn heads on the Botswana Stock Exchange (BSE). The Gaborone-headquartered landlord, whose portfolio of shopping centres, industrial parks and offices now spans four countries, reported a 21 percent leap in profit before income tax for the year ended 30...

Investors in every major economy face a brutal repricing of money as the global bond rout accelerates, warns the CEO of deVere Group, one of the world’s largest independent financial advisory organisations as the global bond sell-off deepens with oil climbing. The comments from Nigel Green come as Brent crude surges back above $105 a barrel and the 10 year US Treasury yield climbs to 5.15%, its highest since 2007, dragging bond markets across Asia,...