Botswanan economy slips into recession as diamond sector falters: official

GABORONE, Nov. 7 (Xinhua) -- Botswana's economy is technically in recession, as the southern African country's diamond sector is faltering on the global market, an official said on Thursday.

Innocent Molalapata, director of the research and financial stability department at the Bank of Botswana, the country's central bank, told reporters at a media briefing held by the Monetary Policy Committee in Francistown, Botswana's second-largest city.