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Botswana

The Republic of Botswana is a landlocked country in Southern Africa. Formerly the British protectorate of Bechuanaland, Botswana adopted its new name after becoming independent within the Commonwealth on 30 September 1966. It has held free and fair democratic elections since independence.

Botswana is a regional leader in economic freedom. Competitiveness and flexibility are promoted by a sensible business regulatory environment, openness to foreign investment and trade, and relatively flexible employment regulations. The financial sector remains relatively well developed, with an independent central bank and little government intervention. The independent judiciary provides strong protection of property rights. Botswana was one of the most impoverished countries in Africa when it became independent in 1966. Today, it is home to a relatively stable political system and a rapidly developing market economy. Being closely tied with the economy of South Africa, the country's economy is one of the most successful in Africa and is dominated by the fast-growing service sector, world-renowned diamond industry, tourism, and manufacturing. Botswana's economic growth rate has outpaced the economic growth of even the Asian Tigers, and the World Bank cites Botswana as one of the world's great development success stories. Read More

Headlines Around the Web

Spanish king says sorry for hunting trip

Apr 19, 2012 - Financial Times

Botswana: IFAD Renews Relationship With Nation

Feb 22, 2012 - AllAfrica News

Africa: The Continent's New Engine

Dec 19, 2011 - AllAfrica News

Namibia: Corridor Trade With Botswana Booms

Nov 02, 2011 - AllAfrica News

De Beers to move staff out of London

Sep 17, 2011 - Financial Times

Namibia: Nam More Competitive With Wacs

Sep 13, 2011 - AllAfrica News

Zimbabwe: Stray Elephants Destroy Crops, Fencing

Sep 09, 2011 - AllAfrica News

Africa: Nakumatt to Go Continental Soon

Aug 25, 2011 - AllAfrica News

Zimbabwe: BancABC Props up ABC Holdings

Aug 20, 2011 - AllAfrica News

Liberia: Botswana's President to Visit

Aug 17, 2011 - AllAfrica News

Namibia: Namibia Norway Or Nigeria?

Aug 17, 2011 - AllAfrica News

Articles About Botswana

Juan Carlos
Spain's King Juan Carlos Gives Up Royal Yacht

By IBTimes UK

We're all in the same boat, says monarch as he bequeaths £18m yacht to the nation as a gesture of solidarity. (May 19)

MORE TOPICS: UNEMPLOYMENT

Real Oviedo
Real Oviedo's Remarkable Recovery After World Unite to Save Club

By IBTimes UK

The story of how a global football community came together to save Real Oviedo. (May 17)

MORE TOPICS: AUSTRALIA, INVESTMENT

World's biggest flawless diamond
World’s Biggest Flawless Diamond has £13m Christie's Price Tag

By IBTimes UK

Christie's auction house is set to sell the world's biggest flawless diamond for more than £13 million. (Mar 15)

MORE TOPICS: DIAMONDS

Spanish king's son-in-law in court in corruption scandal

By Reuters UK

The Spanish king's son-in-law appeared before a judge on the island of Mallorca on Saturday to respond to charges of tax fraud in a six-million-euro embezzlement case that has eroded public support for the once-popular royal family. (Feb 24)

MORE TOPICS: UNEMPLOYMENT, COURT

Spain grumbles as king's son-in-law appears in court

By Reuters UK

The Spanish king's son-in-law appeared before a judge on the island of Mallorca on Saturday to respond to charges of tax fraud in a six-million-euro embezzlement case that has eroded public support for the once-popular royal family. (Feb 23)

MORE TOPICS: UNEMPLOYMENT, COURT

Women's Rights Botswana
Women's Rights in Africa Won't Change Overnight [BLOG]

By IBTimes UK

Despite a landmark ruling in Botswana signalling a gradual levelling of the playing field for women, Cathal Gilbert says change won't happen overnight. (Feb 14)

MORE TOPICS: MICHELLE OBAMA, HUMAN RIGHTS, COURT, SOUTH AFRICA

Miss Botswana Sheillah Molelekwa at the Swimsuit Competition of the 2012 Miss Universe Presentation Show at PH Live in Las Vegas
Gearing up for Coronation Night: Breathtaking Miss Universe 2012 Swimsuit Photos [SLIDESHOW]

By IBTimes AU

To prepare you for this year's most prestigious beauty pageant happening in Las Vegas' Planet Hollywood tomorrow, look back at the gorgeous swimsuit photos of some of the delegates. (Dec 19)

MORE TOPICS: NIGERIA, HOLLYWOOD

Barclays seals $2.1 billion Africa deal with Absa

By Reuters UK

South Africa's biggest retail bank Absa <ASAJ.J>, majority-owned by Barclays Plc <BARC.L>, has reached an all-share deal to acquire the British bank's operations in Africa to allow it to expand on the continent and catch up with rivals. (Dec 07)

MORE TOPICS: BARCLAYS, RETAIL, SOUTH AFRICA, NEDBANK, NIGERIA, GHANA

World AIDS Day
World AIDS Day: HIV Infections Drop by 50%, Says UNAIDS; 57% Decline in India [PHOTOS]

By IBTimes IN

Today is World AIDS Day, and the good news is that the latest report by the Joint United Nations Programme on HIV/AIDS (UNAIDS) shows more than 50% reduction in the rate of new HIV infections in 25 low- and middle-income countries, more than half in Africa, the region most affected by HIV. (Dec 01)

MORE TOPICS: UNITED NATIONS, INDIA, SOUTH AFRICA, ZIMBABWE, ZAMBIA, NAMIBIA

Gold fever sweeps South Sudan ahead of new mining law

By Reuters UK

Taking a break from the toil of digging, Leer Likuam sat on the edge of a shallow trench, puffed his pipe and boasted he once found a 200-gram gold nugget bigger than his thumb. (Nov 10)

MORE TOPICS: CHINA, GOLD, AUSTRALIA, COPPER, SUDAN, SOUTH AFRICA