StanChart sees ‘Perfect Storm’ as Diamond slump squeezes Botswana economy

Sunday Standard StanChart sees ‘Perfect Storm’ as Diamond slump squeezes Botswana economy Standard Chartered Bank Botswana says the country’s economy faced a “perfect storm” in 2025 as weakness in the diamond sector, tight liquidity conditions and global geopolitical tensions combined to create one of the most challenging operating environments in recent years. .ihc-locker-wrap{}There's more to this story But to keep reading, we need you to subscribe. Investigative journalism is an indispensable part of a healthy society, but it's also expensive to produce. We are reliant on subscriptions to fund our work, and while you can enjoy most of our stories for free, a small number of premium features are reserved for subscribers. You can subscribe for one week, a month or a full year - the choice is yours. Save 77% on an annual subscription. Click here to find out how. Existing subscribers can log in to keep reading here. jQuery(document).ready( function(){ jQuery('#iump_login_username').on('blur', function(){ ihcCheckLoginField('log', 'Please complete all required fields!'); }); jQuery('#iump_login_password').on('blur', function(){ ihcCheckLoginField('pwd', 'Please complete all required fields!'); }); jQuery('#ihc_login_form').on('submit', function(e){ e.preventDefault(); var u = jQuery('#ihc_login_form [name=log]').val(); var p = jQuery('#ihc_login_form [name=pwd]').val(); if (u!='' && p!=''){ jQuery('#ihc_login_form').unbind('submit').submit(); } else { ihcCheckLoginField('log', 'Please complete all required fields!'); ihcCheckLoginField('pwd', 'Please complete all required fields!'); return FALSE; } }); } ); The post StanChart sees ‘Perfect Storm’ as Diamond slump squeezes Botswana economy first appeared on Sunday Standard and is written by Cedric Swanka