Friday, June 21, 2024

Botswana may increase De Beers shareholding- Masisi

President Mokgweetsi Masisi has suggested that Botswana may increase its shareholding in global diamond miner De Beers. Masisi was quoted by

JCK News, after parent company Anglo American said it plans to spin off or sell the business.

The Botswana government owns a 15% stake in De Beers and Botswana accounts for 70% of the company’s annual rough diamond supply.

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