Diamond-Dependent Botswana Economy Shows Signs of Recovery

Diamond-dependent Botswana economy shows signs of recovery

Botswana’s economy, heavily reliant on the diamond sector, is showing signs of recovery after a significant downturn. The slump, largely attributed to challenges in the diamond industry that began in late 2023, seems to be reversing. This year, fiscal authorities have revised the economic growth projection to 3.8%, up from an initial 3.1%, thanks to …

Growth rebound fails to lift household spending – Econsult

Sunday Standard Growth rebound fails to lift household spending – Econsult Botswana’s economy is showing signs of recovery, but a heavy reliance on diamond production, weakening private-sector activity and mounting pressure on households threaten to undermine the rebound, according to a new economic review by Econsult. The consultancy’s third-quarter 2026 review forecasts economic growth of 3.3% for the year, which would be the strongest annual …