Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News [Complete – HOW-TO]

Because Botswana has historically had minimal equity or operational insight into De Beers’ luxury retail operations (like De Beers Jewellers), the country misses out on the highest-margin segment of its own natural resource. The New Frontier: The 2023 Agreement Shift

New frameworks mandate that De Beers actively assist in building Botswana’s domestic cutting, polishing, and diamond-tech capabilities, transforming Gaborone from a mining hub into a genuine technological and financial center for gemstones. Because Botswana has historically had minimal equity or

The sentiment that Botswana was getting a raw deal intensified during the multi-year negotiations for a new sales contract. Former President Mokgweetsi Masisi—and later his successor, —publicly lamented that Botswana had originally signed agreements out of "ignorance" when it lacked legal and diamond-valuation expertise. and diamond-tech capabilities

Policy options Botswana could pursue to capture more value Because Botswana has historically had minimal equity or