play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
Go to album
  • play_arrow

    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Botswana Economy

2 Results / Page 1 of 1

Background
insert_link

Africa

Botswana’s Central Bank Holds Interest Rate Steady

  CNBCAfrica reports that Botswana’s central bank has decided to keep its main lending rate at 1.90% on Thursday, citing expectations that the economy will remain below capacity and not generate inflationary pressures due to a downturn in the global diamond market. This marks the second consecutive meeting where the rate has been left unchanged. The rate is applied through a seven-day instrument.

todayDecember 6, 2024 8

insert_link

Africa

Botswana’s economy contracted in Q1

Botswana’s economy contracted after diamond production dropped. Gross domestic product shrank an annual 5.3% in the first quarter, compared with growth of 1.9% in the prior three months. The downturn, according to Statistics Botswana was primarily influenced by a decrease in real value added of the diamond traders and mining & quarrying industries of 46.8% and 24.8% respectively. Botswana is the world’s largest producer of rough diamonds by value, with the […]

todayJuly 1, 2024 14

0%