Economic contraction ‘lands softly’ in 2025
Friday, April 03, 2026 | 120 Views |
Leading policy: The Finance Ministry has been fighting fires for years
The economy averted a major slowdown due to 8.2% growth in the third quarter, driven by diamond production ramping up in anticipation of mining maintenance plans.
The fourth quarter of 2025 recorded a year-on-year decline of 5.4%, mainly due to lower production in the mining and quarrying sector. The decline was mainly attributable to reduced output at the country’s diamond mines, which have carried the bulk of Botswana’s national output over the years.
“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...