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Botswana
De Beers diamond deal far from sparkling, says ex-President Masisi

Former President Mokgweetsi Masisi blames his successor, Duma Boko, for accepting clauses in the diamond distribution agreement that are less favourable to the state. [...]

Published on 15/04/2025 at 04:40 GMT Reading time 2 minutes

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Mining

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Botswana
Bogolo Kenewendo
De Beers
Debswana
Duma Boko
HB Antwerp
Mokgweetsi Masisi
Okavango Diamond Co
Rafael Papismedov
Shai De Toledo
Umbrella for Democratic Change

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

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.

Subscribers only Mining, Politics 10.02.2025

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

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.

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

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
HB Antwerp nears diamond marketing deal with Gaborone

Announced last March (AI, 22/03/23), the Botswanan government's plans to [...]

Subscribers only Mining, Commodity traders 24.01.2024

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Botswana
Bogolo Kenewendo
De Beers
Debswana
Duma Boko
HB Antwerp
Mokgweetsi Masisi
Okavango Diamond Co
Rafael Papismedov
Shai De Toledo
Umbrella for Democratic Change

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Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

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Between business and politics, the secrets of Antoine Ndzengue's rise

Botswana
De Beers diamond deal far from sparkling, says ex-President Masisi

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Set up email notifications for these topics

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

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

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?

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

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

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Indigo Publications' websites

Nigeria The latest secrets of a $10bn legal scandal between Abuja and London

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Botswana De Beers diamond deal far from sparkling, says ex-President Masisi

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create a free account

Set up email notifications for these topics

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

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

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?

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

Botswana HB Antwerp nears diamond marketing deal with Gaborone

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

Botswana
De Beers diamond deal far from sparkling, says ex-President Masisi

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

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

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?

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

Botswana
HB Antwerp nears diamond marketing deal with Gaborone