Botswana will not drop its demand to sell a bigger share of the diamonds produced by its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, raising the stakes in talks to renew a sales deal that expires in June.

Africa’s largest grocery retail chain Shoprite has reported a 16.8% increase in group merchandise sales, raking in R106.3 billion for the 26 weeks ended 1 January 2023.

Tesla, the American multinational automotive, artificial intelligence and clean energy company, has signed an agreement under which it will purchase Anode Active Material (AAM) from Tanzania.

Botswana has removed VAT (Value Added Tax) on eight products including sanitary pads, cooking oil, infant formula and Liquefied Petroleum Gas, the country's Ministry of Finance has announced.

South Africa has been greylisted by the Financial Action Task Force (FATF), an intergovernmental body that sets global standards to combat money laundering and terrorist financing.

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