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Botswana
Botswana Democratic Party takes government to task over new De Beers deal

Minister of Mineral and Energy Bogolo Kenewendo with De Beers CEO Al Cook in Cape Town, South Africa, 3 February 2025. © Esa Alexander/Reuters

The diamond giant, which has signed a partnership agreement with the new Botswanan government, has been accused by the former ruling party of dodging its tax obligations. [...]

Published on 10/02/2025 at 05:40 GMT Reading time 3 minutes

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Mining, Politics

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Botswana
Africa Tax Academy
Al Cook
Anglo American
Bogolo Kenewendo
Botswana Democratic Party
Botswana Unified Revenue Service
De Beers
De Beers Global Sightholder Sales
Duma Boko
Lemogang Kwape
Mokgweetsi Masisi
Ndaba Gaolathe
Otsile Mabeo
Umbrella for Democratic Change

Botswana
Diamond trader HB Antwerp's charm offensive with President Boko

Worried about the future of their partnership with Gaborone, which was secretly negotiated with former president Mokgweetsi Masisi, the directors of HB Antwerp, who have not yet been able to meet the new head of state, are launching their media campaign in Gaborone.

Subscribers only Mining 17.01.2025

Botswanan President Duma Boko in Harare, Zimbabwe, 20 November 2024.

South Africa
Anglo American to slash workforce in platinum and diamond sectors

Anglo American Platinum has begun consultations with its South African employees on a plan to restructure in Johannesburg and envisages cutting some 200 jobs.

Subscribers only Mining 11.12.2024

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

Spotlight | South Africa
Pretoria imposes itself in Anglo American's restructuring plan

Gwede Mantashe's Ministry of Mines and the NUM and AMCU unions, which were instrumental in the failure of BHP's takeover bid for Anglo American, want to have a greater say in the mining group's South African strategy.

Subscribers only Mining, Commodity traders 12.06.2024

South African Minister of Mineral and Energy Resources Gwede Mantashe at the African Mining Indaba in Cape Town, on 9 May, 2022.

Botswana
Renewal of Shabtai's diamond permit runs into opposition in president's party

A number of BDP members in the National Assembly are contesting the government's decision to renew Israeli business tycoon Gilad Shabtai's operating rights at the Lerala Diamond Mine.

Subscribers only Mining 11.03.2024

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

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Africa Tax Academy
Al Cook
Anglo American
Bogolo Kenewendo
Botswana Democratic Party
Botswana Unified Revenue Service
De Beers
De Beers Global Sightholder Sales
Duma Boko
Lemogang Kwape
Mokgweetsi Masisi
Ndaba Gaolathe
Otsile Mabeo
Umbrella for Democratic Change

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Botswana
Botswana Democratic Party takes government to task over new De Beers deal

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create a free account

Set up email notifications for these topics

Botswana
Diamond trader HB Antwerp's charm offensive with President Boko

South Africa
Anglo American to slash workforce in platinum and diamond sectors

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?

Spotlight | South Africa
Pretoria imposes itself in Anglo American's restructuring plan

Botswana
Renewal of Shabtai's diamond permit runs into opposition in president's party

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

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Botswana Botswana Democratic Party takes government to task over new De Beers deal

This article may be accessed by subscribers

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Set up email notifications for these topics

Botswana Diamond trader HB Antwerp's charm offensive with President Boko

South Africa Anglo American to slash workforce in platinum and diamond sectors

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?

Spotlight | South Africa Pretoria imposes itself in Anglo American's restructuring plan

Botswana Renewal of Shabtai's diamond permit runs into opposition in president's party

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

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Morocco
US-China trade war threatens Morocco's nascent battery industry

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

Botswana
Botswana Democratic Party takes government to task over new De Beers deal

Botswana
Diamond trader HB Antwerp's charm offensive with President Boko

South Africa
Anglo American to slash workforce in platinum and diamond sectors

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?

Spotlight | South Africa
Pretoria imposes itself in Anglo American's restructuring plan

Botswana
Renewal of Shabtai's diamond permit runs into opposition in president's party

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