BOTSWANA SEEKS MORE CONTROL OF DIAMOND MINING GIANT DE BEERS

Botswana’s Government to acquire controlling stake in De Beers – YourBotswana

24 July 2025 This development adds a layer of complexity to the ongoing sale process of the diamond producer by…

BOTSWANA SEEKS MORE CONTROL OF DIAMOND MINING GIANT DE BEERS

Fri 25 July 2025: Botswana is seeking to take a controlling stake in De Beers as Anglo American prepares to divest from the diamond giant, the Financial Times reported on Wednesday, citing the country’s mining minister. Mining Minister Bogolo Kenewendo told the Financial Times that President Duma Boko “remains resolute in his quest to increase […]

Botswana positioning itself to gain majority control of De Beers

In the heart of southern Africa, a significant power shift is underway. Botswana, home to some of the world’s richest diamond deposits, is strategically positioning itself to gain majority control of De Beers, the iconic diamond company that has dominated the global mining landscape for over a century. This developing situation represents not just a business …

Botswana seeks majority control of De Beers - report

BOTSWANA wants a controlling interest in De Beers, further complicating Anglo American’s efforts to divest of the diamond producer, according to a report by the Financial Times this week. Botswana’s mines minister Bogolo Kenewendo told the newspaper President Duma Boko “remains resolute in his quest” to increase Botswana’s stake in De Beers. This was to […]