Brian Benza

Gaborone

Writer at Freelance

Stringer at Reuters

SADC Correspondent at HUNTERBROOK

Journalist

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Articles

Botswana's Debswana curbs diamond production as weak demand persists

2 days ago | reuters.com | Brian Benza

Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in the capital Gaborone in Botswana November 24, 2015.
Botswana to slash growth forecast amid prolonged diamond market downturn

6 days ago | reuters.com | Brian Benza

Buildings are seen in the Central Business District (CBD) in the capital Gaborone, Botswana, September 21, 2018. REUTERS/Siphiwe Sibeko/File Photo GABORONE, June 2 (Reuters) - Botswana will cut its 2025 economic growth forecast to almost zero due to a prolonged downturn in the global diamond industry, a senior financial ministry official said Monday, with the budget deficit also seen widening due to reduced diamond revenue.
Botswana's ODC to start contract diamond sales in September

6 days ago | we.com.na | Windhoek Express |Brian Benza

1 Hour Ago - 2025-06-02 00:00:00 Botswana’s state-owned Okavango Diamond Company plans to start contracted gem sales in September, managing director Mmetla Masire said on Friday, as it diversifies its sales channels under the government's new marketing deal with De Beers.
Botswana's ODC to start contract diamond sales in September

6 days ago | az.com.na | Brian Benza

Botswana’s state-owned Okavango Diamond Company plans to start contracted gem sales in September, managing director Mmetla Masire said on Friday, as it diversifies its sales chan... Wenn Sie ein aktiver Abonnent sind und der Artikel nicht angezeigt wird, Bitte melden Sie sich ab und wieder an. Kostenloser Zugriff auf Artikel ab 12:00 Uhr. Bitte beachten Sie: Um den Artikel zu lesen, geben Sie bitte unten Ihre Daten ein.
Botswana's ODC to start contract diamond sales in September

1 week ago | reuters.com | Brian Benza

A worker arrives at the Jwaneng diamond mine,operated by Debswana, a joint venture between Anglo American unit De Beers and the Botswana government outside Gaborone,Botswana, in this picture taken November 25, 2015.
Botswana holds main interest rate for fourth meeting in a row

1 month ago | ca.marketscreener.com | Brian Benza

GABORONE (Reuters) - Botswana's central bank held its main lending rate at 1.90% on Thursday, citing balanced risks to the inflation outlook despite global economic uncertainty sparked by U.S. tariffs slapped on most countries. The Bank of Botswana maintained its monetary policy rate for the fourth meeting in a row, after a hold decision in February, December and November. Inflation in the Southern African country edged up to 2.8% year-on-year in March from 2.7% a month earlier.
Botswana, De Beers sign long-delayed diamonds deal

Feb 25, 2025 | msn.com | Brian Benza

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Botswana, De Beers sign long-delayed diamonds deal

Feb 25, 2025 | bilyonaryo.com | Brian Benza

SOURCE: ReutersFinal deal has option for 5-year extensionODC’s share of Debswana output revised down to 40% in 10 years50-50 split would take effect in extension periodBy Brian BenzaGABORONE, Feb 25 (Reuters) – Botswana’s government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American AAL.L unit De Beers adding a possible extension period of five more years to the provisional pact.
De Beers finally signs diamond deal with Botswana

Feb 25, 2025 | businesslive.co.za | Brian Benza

MARKET WRAP Business Day TV Spoke to Kyle Burgess from Nedbank Private Wealth
Botswana, De Beers sign long-delayed diamonds deal

Feb 25, 2025 | streetinsider.com | Brian Benza

By Brian Benza GABORONE (Reuters) - Botswana's government on Tuesday signed a long-delayed 10-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to the provisional pact. Under the final deal, the share of Botswana's state-owned Okavango Diamond Company (ODC) in the production of Debswana - its 50-50 joint venture with De Beers - will reach 40% at the end of the agreement, revised from a provisional 50%.