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The world's largest diamond producer Botswana should cut its public sector by at least 25 percent to make up for potentially diminishing funds it will receive from the gems
Botswana's economy is likely to grow around 5 percent this year and next, down from 7.2 percent in 2010, due to a more moderate performance from the mining sector and ...
Chinese Vice President Xi Jinping signed several economic deals with Botswana, the world's biggest diamond producer, including one offering the southern African country $6 million for development.
Botswana's economy contracted 2.2 percent in the first quarter, compared to the previous three months, due to a drop in mining output.
Botswana has frozen the issue of any new prospecting licences for coal, coal bed methane and related minerals pending the finalisation of a new strategy for the coal sector.
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