Botswana Says It Won’t Be ‘Reckless’ Over De Beers Investment
What it is about
Who published it, and when
How it spread - 10 original reports
Thu, 17 September 2026
1 report- Bloomberg Politics16:00first to report
Botswana won’t risk its financial wellbeing when it increases its investment in De Beers, the world’s biggest diamond company, Vice President Ndaba Gaolathe said.
Mon, 21 September 2026
2 reports- Bloomberg Politics06:00
Botswana is intent on increasing its share of De Beers, the world’s biggest diamond company, when Anglo American Plc divests, but hasn’t settled on a “magic number” for its preferred stake, according to the nation’s vice president.
- Bloomberg Politics06:00
Botswana Vice President Ndaba Gaolathe spoke with Bloomberg's David Malingha about how the country is intent on increasing its share of De Beers when Anglo American divests. "We are entering a new phase where the types of partnerships also need to evolve in order to navigate modern-type challenges that did not exist in the past," he said. Gaolathe was speaking in London on Friday. (Source: Bloomberg)
Thu, 24 September 2026
1 report- businessdayghana.com02:00
Building confidence in the natural diamond category with industry partners, guided by the Building Forever and diamond traceability strategiesHONG KONG
Mon, 28 September 2026
2 reports- israelidiamond.co.il12:06
Diamond prices have stabilized and are beginning to rise as demand strengthens in key markets and global supply declines, says De Beers CEO
- weekendpost.co.bw12:48
The conveyor belts are moving again. After a punishing slump that emptied government coffers, weakened trade and laid bare the peril of yoking a nation’s fortunes to a single glittering stone, Botswana’s diamond industry has begun to stir. The economy expanded 3.5 percent year-on-year in the first quarter of 2026, and rough-diamond output surged in the second. For a country where a shift in gemstone appetite can determine whether budgets balance, businesses grow and workers...
Wed, 30 September 2026
1 report- bne IntelliNews12:04
Credit: Lucara Diamond Corp. Botswana signals it will raise its 15% De Beers stake as Anglo American advances the sale of its 85% holding. Moody’s and the IMF warn a larger debt-financed investment could strain public finances.
Tue, 13 October 2026
1 report- bne IntelliNews14:50
Credit: Lucara Diamond Corp. Gareth Penny’s Global Diamond Consortium and Botswana are negotiating a deal that would raise the state’s De Beers stake to about 25%, easing Anglo American’s exit.
Wed, 14 October 2026
1 report- miningmx.com11:04
Botswana is reportedly nearing an agreement to boost its De Beers stake to about 25% under a buyout deal led by the Global Diamond Consortium, facilitating Anglo American's exit from the diamond sector.
Tue, 20 October 2026
1 report- bne IntelliNews16:03
Credit: De Beers Group De Beers’ Q3 rough diamond output fell to 6.8mn carats as Botswana production dropped 20% on Orapa maintenance and South Africa’s Venetia ramped down. Sales rose 71%, and average prices fell 45%.