AGP Executive Report
Last update: an hour agoDe Beers Deal: Botswana’s proposed increase in its De Beers stake from 15% to 30% has drawn fresh backing from the Global Diamond Consortium. But Parliament is demanding the price and funding plan, which remain undisclosed, while President Duma Boko says the investment could also open doors in synthetic-diamond technology. Economy: Growth rebounded to 3.7% year-on-year in the second quarter, but household consumption fell 7.2%, underscoring pressure on families and the recovery’s reliance on mining. Climate Diplomacy: At COP31 in Türkiye, Boko met Ethiopian Prime Minister Abiy Ahmed to discuss shared climate challenges and a unified African agenda ahead of COP32. Jobs and Skills: Botswana’s 2026–2036 national skills strategy is behind schedule, with finalisation now due in the fourth quarter and concerns over limited youth and business input. Zebras: Botswana face Group H leaders Uganda on Saturday, seeking their first qualifying win after two opening draws; Uganda have been difficult to beat at home.
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