Botswana’s President Mokgweetsi Masisi says the new De Beers deal will make his country “truly the global capital of diamonds for the first time”. In an interview with Bloomberg TV he welcomed the sales and mining agreements thrashed out two weeks ago. “We’re very happy with the outcome. It could have been better but you […]

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Botswana remains “confident” of reaching a new sales agreement with De Beers, despite repeated threats by President Mokgweetsi Masisi to walk away from negotiations. Government spokesperson William Sentshebeng said last week that talks were “ongoing, and we are confident that they will result in a deal that will benefit both parties”. Botswana is seeking an […]

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Bruce Cleaver, outgoing CEO of De Beers, says the company’s joint ventures with the Botswana and Namibia government are “win-wins” for both countries. He was speaking on Tuesday during a courtesy visit to Namibia’s President Hage Geingob. The long-standing De Beers deal with Botswana has come under intense scrutiny in recent weeks, after its President […]

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