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Botswana
All lights green for De Beers diamond deal

After two years of negotiations, the trading deal is set to be signed next month. [...]

Published on 20/06/2024 at 05:40 GMT

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Mining

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Botswana
Al Cook
De Beers
Debswana
Okavango Diamond Co

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

The bosses of diamond giant De Beers, which operates mines in Botswana, have had an initial meeting with the country's new leader and are delighted with the political changeover. But the state's deal with HB Antwerp, which wanted to market the country's precious stones, appears to be in jeopardy.

Subscribers only Mining 20.11.2024

Duma Boko at the Mass Media Complex in Gaborone, 1 November 2024.

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

Botswana's president hopes to be returned to office this week. In the run-up to the 30 October elections, he has ordered spending taps to be kept open despite budgetary red flags and falling revenues in the diamond sector.

Subscribers only Mining 29.10.2024

Mokgweetsi Masisi during the presidential debate in Gaborone on 24 October 2024.

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana, the source of most of De Beers's diamonds, is challenging the diamond giant by favouring an Antwerp start-up to cut and market its stones. Meanwhile, its parent company Anglo American has put the group up for sale, to little interest.

Subscribers only Mining 30.09.2024

Angola
Lourenço appoints top army officer Mussua Williams to combat diamond trafficking

The lieutenant colonel will also be responsible for tackling illegal immigration.

Subscribers only Defence, Mining 18.07.2024

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

In its most recent talks over a new deal with the Gaborone government, the diamond giant is negotiating to set the increase of the state's share of rough diamonds against high performance targets. That could hamper the Belgian trader's rise in the country as it has to back the government.

Subscribers only Mining, Commodity traders 13.02.2024

Botswana
President Masisi stifles debate on diamond renegotiations

As the government edges closer to clinching a new agreement with diamond giant De Beers and puts the finishing touches on its partnership deal with Belgian trader HB Antwerp, Gaborone has tended to brush off any criticism by attributing it to the opposition behind former president Ian Khama.

Subscribers only Mining, Commodity traders 08.05.2023

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

In Botswana, a diamond partnership between Belgian trader HB Antwerp and state firm ODC has roused the opposition rallied behind former president Ian Khama after President Masisi revealed having been personally involved in the negotiations.

Subscribers only Mining, Commodity traders 19.04.2023

Mokgweetsi Masisi, President of Botswana, in Gaborone, 7 February 2023.

Botswana
De Beers and Gaborone struggle to reach new diamond deal

Talks on Botswana's new deal with the global diamond giant have taken a tense turn after a leaked report accused De Beers of tax evasion. The two sides have until 30 June to hammer out an agreement to continue their long-standing partnership.

Subscribers only Mining 22.02.2023

Botswana Minister of Mines Lefoko Moagi.

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Botswana
Al Cook
De Beers
Debswana
Okavango Diamond Co

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Botswana
All lights green for De Beers diamond deal

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Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Angola
Lourenço appoints top army officer Mussua Williams to combat diamond trafficking

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
President Masisi stifles debate on diamond renegotiations

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Botswana
De Beers and Gaborone struggle to reach new diamond deal

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Ivory Coast French investigation sends tremors through Abidjan's political class

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Botswana All lights green for De Beers diamond deal

This article may be accessed by subscribers

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Set up email notifications for these topics

Spotlight | Botswana President Boko's election reshuffles cards in diamond industry

Botswana Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

Angola Lourenço appoints top army officer Mussua Williams to combat diamond trafficking

Botswana De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana President Masisi stifles debate on diamond renegotiations

Botswana HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Botswana De Beers and Gaborone struggle to reach new diamond deal

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Botswana
All lights green for De Beers diamond deal

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Angola
Lourenço appoints top army officer Mussua Williams to combat diamond trafficking

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
President Masisi stifles debate on diamond renegotiations

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Botswana
De Beers and Gaborone struggle to reach new diamond deal