Tag: Botswana

Botswana engages UAE and Oman over De Beers stake acquisition

Botswana De Beers stake acquisition talks expand as Botswana engages UAE and Oman for backing amid Anglo American exit from De Beers.

Timilehin Adejumobi Timilehin Adejumobi

Bank of Botswana raises rates, first African central bank to act since war shock

Bank of Botswana raises rates to 5.5 percent, first African central bank to tighten policy after energy shock fuels inflation pressures across region.

Omokolade Ajayi Omokolade Ajayi

Botswana’s Turnstar reports $26.1 million rental income; profit falls 64%

Gaborone-based property investment company Turnstar posts $26.1 million rental income; profit falls 64% amid valuation and FX losses.

Omokolade Ajayi Omokolade Ajayi

Botswana, Oman strike energy, mining deals to boost Africa ties

Botswana is stepping up efforts to reduce its reliance on diamonds, signing new agreements with Oman that span energy, mining and infrastructure. The deals come as the Southern African country faces softer global demand for diamonds, a sector that has long supported public finances and economic growth.  For years, diamonds have accounted for about a third of Botswana’s economy. But…

Oluwatosin Alao Oluwatosin Alao

Botswana’s Okavango Delta welcomes two new &Beyond camps

At a Glance  Botswana’s Okavango Delta — one of Africa’s most remarkable wilderness destinations — is taking luxury travel to new heights. Renowned hospitality group &Beyond has unveiled two new safari camps, Sandibe Under Canvas and Nxabega Under Canvas, set deep within Botswana’s pristine wilderness. Together with the refurbished Chobe Under Canvas, these additions mark a bold step toward a…

Oluwatosin Alao Oluwatosin Alao