Saturday, March 15, 2025

Botswana hits a rough patch

Vice President and Minister of Finance, Ndaba Gaolathe was probably hoping to present an optimistic budget tomorrow (Monday) with a 3% to 4% economic growth forecast for 2025, but De Beers has put a spanner in the works.

Gaolathe may have to revise down Botswana’s optimistic 3% to 4% economic growth projections for 2025 as diamond market recovery prospects appear doomed.

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