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De Beers up for sale: Botswana challenges parent company Anglo American over diamond treasure trove - Economic Scenarios
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De Beers up for sale: Botswana challenges parent company Anglo American over diamond treasure trove - Economic Scenarios
A corporate and international mess is gathering around the famous De Beers brand, which controls a large portion of the world's natural diamonds, primarily through its control of mines in South Africa and Botswana. De Beers is 85% owned by Anglo American and 15% by the Botswana government. Now Anglo American wants to sell De Beers , partly to recapitalize, and this is where the problems between the Anglo-British multinational and the African gov…
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