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Diamond Rebound to Boost Botswana Growth
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Botswana’s government expects the country’s economy to return to growth next year on the back of a recovery in the diamond sector.The nation’s gross domestic product (GDP) will increase 7.7% in 2021, Thapelo Matsheka, minister of finance and...
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Mining
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Oct 21, 2020
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Rapaport News
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Botswana Mining Decline Hits GDP Growth
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Botswana’s economic growth slowed last year due to lower rough production, further aggravated by weakness in its diamond-manufacturing sector, the nation’s central bank said last week.Gross domestic product (GDP) increased 3.7% in the 12 months...
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Mining
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Mar 04, 2020
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Rapaport News
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Namibia Predicts Diamond-Sector Slowdown
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Economic growth from Namibia’s diamond-mining sector willslow this year due to depletion of resources from inland deposits, its nationalbank said. While the industry’s contribution to gross domestic product(GDP) will increase 11% in 2018, that...
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Mining
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Jul 09, 2018
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Rapaport News
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Mining Outlook Weighing on Botswana Growth
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Botswana cannot rely on diamonds for economic growth even ifproduction remains stable because mining is getting more expensive and thepopulation is increasing, economists warned.“It would be a mistake to assume that ‘business as usual’ isa viable approach...
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Mining
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Aug 16, 2016
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Rapaport News
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U.S. Jewelry, Watch Sales Flat in May
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U.S. jewelry and watch sales across all channels were flat in May, up just 0.4 percent year on year, at $7.1 billion as estimated from preliminary government figures. According to Rapaport News calculations, jewelry sales rose...
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Research
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Jun 25, 2015
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Jeff Miller
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