Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News Access
Ultimately, the debate is no longer just about the split of revenue, but about the viability of the diamond market itself. As Botswana continues to face the reality of market shifts and the eventual depletion of its mines, its primary challenge is no longer just negotiating with De Beers—it is successfully diversifying its economy away from diamonds entirely.
De Beers committed to investing in local "downstream" activities like cutting, polishing, and jewelry manufacturing. Ultimately, the debate is no longer just about
Natural diamonds are facing one of their deepest market crises. Global economic shifts, fluctuating consumer demands, and high inventory levels have led to historically difficult trading conditions. Natural diamonds are facing one of their deepest
De Beers received a 25-year extension to its mining licenses, running until 2054. As of early 2026, President Duma Boko has
As of early 2026, President Duma Boko has prioritized this transformation, aiming to boost local jobs, attract investment, and enhance the nation's economic independence, according to a Sunday Standard BW Facebook post and The Patriot on Sunday . Why Concerns Persist: The "Raw Deal" Argument