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View Full Version : Botswana Gem Mines Idle as Africa’s Star Economy Loses Luster - Bloomberg



NewsWhore
04-08-2009, 02:51 AM
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Botswana Gem Mines Idle as Africa’s Star Economy Loses Luster (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DasYdJJ75t31U%26refer%3Dafrica&cid=1328652394&ei=yUrcSYqIJorMM8aJ2K0N&usg=AFQjCNGRS9_Ie4uvgXiqnsX1X7rKzkcQwA)
Bloomberg
The country has record foreign currency reserves of about $10 billion, while years of fiscal surplus mean local banks and foreign lenders will be able to finance deficit spending this year and next. The open-pit Jwaneng mine in south-central Botswana ...


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