Botswana: Debswana Production Down 31 Percent

Debswana Diamond Company’s rough diamond production dropped by 31 percent to 4.2 million carats in the fourth quarter of 2024, compared to 6.1 million carats produced in the corresponding period in 2023. This is due to subdued global demand for diamonds.

The production information report is contained in the Bank of Botswana (BoB) Monetary Policy Report for April 2025 that was published last week by the central bank and it is currently under review. BoB noted in the report that Debswana’s…