News Botswana Debt: Botswana sees second Moody’s downgrade in a year as diamond slump deepens
Botswana has suffered its second sovereign credit rating downgrade from Moody’s in less than a year as a prolonged slump...
News Botswana Debt: Botswana Cut Again by Moody’s, Now Two Steps Above Junk as Diamonds Slump
Moody's cut Botswana to Baa2 on 25 September, its second downgrade in a year, as a diamond slump drains revenue. Debt is set to hit 41% of GDP.
News Botswana Debt: South Africa defends planned military drills with Russia and China
South Africa's foreign minister on Monday deflected criticism of joint military drills planned with Russia and China, saying that hosting such exercises with "friends" was the "natural course of relations."
News Botswana Debt: De Beers ‘dribbles’ BURS in tax saga
A study commissioned by the Botswana Unified Revenue Service (BURS) alleges that diamond mining giant, De Beers, has been paying far less than its fair share of tax to the Botswana government by using a variety of “accounting tricks”. Mmegi Staffer SHARON MATHALA reports on an audit covering the years 2013-20 which reportedly show a P4 billion tax debt to Batswana
News Botswana Debt: ImmunityBio: Company Leaves 2021 On A High-Note; Share Price Still Falls Flat
ImmunityBio is preparing to submit their BLA in NMIBC in the first quarter of 2022. The company is moving forward with several COVID-19 vaccine programs with different technologies.
News Botswana Debt: ESWATINI BEGINS YEAR WITH 2ND LOWEST DEBT
MBABANE – The country is starting the new year with a debt ratio that is relatively low when compared to some of its SACU peers. Eswatini is a member of the Southern African Customs Union (SACU) ...
News Botswana Debt: Uncertainty returns to haunt economic recovery
After a year in which the economy began to recover from the record slump in 2020, the emergence of the Omicron variant and attendant lockdowns in the key markets for Botswana’s commodities has once ...
