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

Articles About Botswana

Spain's Queen Sofia
Diamond Jubilee: Spanish Queen Sofia Boycott's Lunch with Queen Elizabeth in Gibralter Protest

By IBTimes UK

Queen Sofia of Spain will not be attending a lunch at Windsor Castle on Friday in the UK, to be held to mark the Diamond Jubilee celebrations of Queen Elizabeth II (May 17)

MORE TOPICS: UNITED KINGDOM, INDIA, ROYAL WEDDING

Botswana’s Bushmen: The World’s Last Surviving Hunter Gatherers
Botswana’s Bushmen: The World’s Last Surviving Hunter Gatherers [SLIDESHOW]

By IBTimes UK

The Bushmen or San are one of the last surviving hunter gatherers in the world. They inhabit the Central Kalahari Game Reserve (CKGR) in the Kalahari Desert of Botswana and genetically are the closest tribe to human ancestors. (May 10)

MORE TOPICS: COURT, NEW YORK, SOUTH AFRICA, DIAMONDS, DE BEERS, LONDON

Spain King Juan Carlos
Juan Carlos I Of Spain Apologizes for Elephant Hunting: Can He Keep The Throne?

By IBTimes

Juan Carlos I, the king of Spain, issued a public apology on Wednesday in response to widespread criticism of his ill-timed elephant-hunting vacation in Botswana. Is the once-revered Spanish monarch is likely to step down?. (Apr 18)

MORE TOPICS: UNEMPLOYMENT

Spain's King Juan Carlos leaves the hospital after being discharged in Madrid
Spanish King Apologizes For Botswana Hunting Trip

By IBTimes

King Juan Carlos of Spain issued an unprecedented apology for going on safari while Spain's economy struggles (Apr 18)

IAMGOLD Receives Additional Warrants in Galane Gold

By IAMGOLD Corporation

IAMGOLD Corporation announced today that it has received an additional 3,112,525 warrants to purchase an equivalent number of common shares of Galane Gold Ltd. pursuant to that agreement by which Galane, indirectly, acquired ownership of the Mupane g... (Apr 17)

MORE TOPICS: GOLD, SEC, MANAGEMENT, RARE EARTH, INVESTMENT

Spain's King Juan Carlos waves beside Queen Sofia
Spain’s King Juan Carlos Facing Calls To Abdicate Over African Hunting Trip

By IBTimes

Some politicians have called more increased transparency in the royal family’s accounts and expenditures. (Apr 16)

Spanish king under fire over "irresponsible" hunting trip

By Reuters UK

Spain's King Juan Carlos I came under intense media fire on Sunday for hunting elephants in Botswana when his country was being sucked back into the euro zone's financial crisis and one young Spaniard out of two was unemployed. (Apr 16)

MORE TOPICS: UNEMPLOYMENT, TWITTER

A company logo of Minmetals Resources
Minmetals Resource to Acquire Mines in Southern Africa

By IBTimes AU

Through its takeover of Anvil Mining, Minmetal Resources of China said on Friday that it would use its recently acquired assets to acquire mines in southern Africa. (Mar 29)

MORE TOPICS: CHINA, COPPER, ZAMBIA, NAMIBIA, MALAWI, SILVER

Lord Lucan has been missing since 1974 (lordlucan.org)
Lord Lucan ‘Seen Drinking in Botswana Bar’

By IBTimes UK

Britons claim they saw fugitive murder suspect peer in southern Africa 12 years ago. (Feb 28)

MORE TOPICS: SOUTH AFRICA

Design from China that will appear as part of 2012 London Fashion Week
London Fashion Week: International Exhibition Reveals Emerging Talent

By IBTimes UK

Innovative young designers from around world get chance to display cutting-edge fashions. (Feb 03)

MORE TOPICS: JAPAN, AUSTRALIA, NIGERIA, FASHION WEEK, LONDON, CHINA, SOUTH KOREA

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