BOTSWANA BRACES FOR FURTHER CURRENCY DEVALUATION AS DIAMOND SALES CRASH

Spread the loveFaith Nyasuguta  Botswana, Africa’s largest diamond producer and long considered one of the continent’s most stable economies, is staring down a fresh economic storm that could force it to devalue its currency again before the year ends. Citigroup Inc. has sounded the alarm, warning that Botswana’s pula – already one of Africa’s weakest-performing … Continue reading BOTSWANA BRACES FOR FURTHER CURRENCY DEVALUATION AS DIAMOND SALES CRASH