Botswana

The world's largest diamond group, De Beers, said its three shareholders have agreed to loan the company $500 million to help it weather the economic downturn, following muted sales in 2008. De Beers Managing Director Gareth Penny said on Friday the global economic crisis was having a negative impact on sales of retail diamond jewelry, liquidity and demand for rough diamonds, which had hurt the ...

So far at least 73 385 Zimbabweans have been infected with water-borne diarrhea disease since August and 3 524 have died, in Africa's deadliest cholera outbreak in 15 years.

On Monday Zimbabwe President Robert Mugabe and his rival Morgan Tsvangirai met and held talks about a power-sharing agreement but failed to reach consensus.

Senegalese President Abdoulaye Wade said on Monday he would pull his country's troops out of Darfur if it was determined that African peacekeepers who were killed at the weekend were not equipped to defend themselves.

Investors who have seen energy prices rocket due to scarce supplies are starting to wager that forecasted shortages will cause the value of water to skyrocket

The Southern African Development Community has concluded its summit meeting held in Botswana today where the Heads of States agreed on topics for further discussions to be held on Tuesday in Maseru, Lesotho in the 26th session of the Cabinet Council.

Consumer sales of diamond jewelry so far this year are stronger than in 2005, but the cutting and manufacturing sector is sluggish partly due to a De Beers price hike on rough diamonds in February, officials of the diamond giant said on Tuesday.