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Botswana · BotswanaSunday Standard De Beers swings to $189m loss as demand slumps De Beers reported a $189 million EBITDA loss for the first half of 2025, down from a $300 million profit a year earlier, as weak diamond demand and lower prices forced production cuts and spending curbs. .ihc-locker-wrap{}There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expe…See the Story
De Beers Swings to $189m Loss as Demand Slumps

Gov't slashes travel budgets by 50%, extends GPO ban amid revenue crisis

Tariffs · BotswanaSunday Standard US cuts tariffs on Botswana exports to 15% The United States has reduced tariffs on Botswana exports from a proposed 37 percent to 15 percent, offering partial relief to the southern African nation’s diamond-dependent economy amid global market pressures. .ihc-locker-wrap{}There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also…Read Article