Botswana diamond industry

KEY POINTS Botswana’s new president, Duma Boko, aims to finalize the stalled De Beers diamond sales agreement swiftly. Mobile transactions reached $200 billion in 2020, contributing up to 5% of …

Botswana proposes a new law to increase local ownership in mining by requiring companies to sell a 24% stake to citizens if the government opts out.

Botswana’s President Mokgweetsi Masisi pledges to safeguard the country’s 15% stake in De Beers amid BHP’s proposed acquisition of Anglo American.