Major opportunity for the diamond business to return to old strengths, says luminary
Botswana is seeking a greater interest in De Beers, and Angola is seeking an interest too. To[…]
Okavango: “It wasn’t an Emergency Tender”
Okavango, Botswana's state-owned diamond company, says its planned sale of 1m rough carats last month was not[…]
Botswana: Zero Sales in Emergency 1m-carat Tender
Okavango, Botswana's state-owned diamond company, failed to sell a single stone in an unprecedented "emergency" tender of[…]
Global Diamond Market Turmoil: Botswana Declares Health Emergency, India Faces Tariff Shock, Zimbabwe Strengthens Ties with India
The volatility in the global diamond industry is beginning to have severe humanitarian and economic consequences across[…]
De Beers Sale on Right Track, says Botswana Vice President
Botswana's vice president says he's confident that a new buyer will be found for De Beers by[…]
Botswana economy hit hard as diamond slump deepens
Botswana is bracing for deeper spending cuts and a widening budget deficit as a prolonged slump in[…]
Ousted Masisi Claims De Beer Funded Botswana’s Opposition
Botswana's former president Mokgweetsi Masisi has accused De Beers of funding the party that ousted him from[…]
Botswana’s Economic Outlook Now Negative, says S&P
Botswana's economic outlook has been downgraded from stable to negative by S&P Global Ratings (S&P) on account[…]
HB Antwerp to Cut Lucara’s 1,094 carat Rough Diamond
The 1,094-carat Seriti diamond recovered last September from Lucara's Karowe mine, in Botswana, is now in Belgium,[…]
Botswana, De Beers sign overdue diamond deal
Botswana’s government signed on Tuesday a long-delayed diamond mining and sales agreement with Anglo American unit De[…]