President Ian Khama secured a new five-year term on Sunday, extending his rule over the world's largest diamond producer, after his governing BDP party swept to victory in a parliamentary election. Chief Justice Julian Nganunu said Khama, son of the country's first president, would remain at the helm of the southern African nation, which is battling a recession and hit by internal party squabbling. Botswana has been hit hard as a global economic slowdown cuts demand for diamonds, which account for close to 40 percent of the economy. The landlocked country has sunk into debt and gross domestic product is forecast to shrink 10 percent. (Reuters)
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