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William Ruto's new order

William Ruto's new order

Africa in the Russia-Ukraine war
The Sahel threatened by a jihadist tornado

The Sahel threatened by a jihadist tornado
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BOTSWANA

Hotel magnate Jacob Masima goes looking for diamonds

Jacob Masima has ventured outside the hospitality sector to try his hand at prospecting for diamonds. He has brought in geologist Elvis Mosweu, who is working with him on an increasing number of ventures, to help him. [...] (341 words)
Issue dated 07/12/2020 Reading time 2 minutes
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Further reading
Rhinos in South Africa's Welgevonden Game Reserve. © Jürgen Bätz/dpa/picture-alliance/Newscom/MaxPPP
In Focus
SOUTH AFRICA Finance Business 15/02/2021

Former Dutch asset manager Frank Vogel runs into problems with his neighbours in white rhino territory 

South Africa's wildlife reserves, which often receive financial support from foreign family offices, also attract European financiers, particularly when they have been in trouble with the authorities in their home countries. Dutchman Frank Vogel took up residence in a small nature reserve in South Africa's Limpopo province, where he soon became a director and one of its financial backers.
Lynette Armstrong has been running Botswana's leading diamond producer in an acting capacity. © Debswana
Inner circles
BOTSWANA Mining 14/05/2020

Lynette Armstrong's levers of influence to consolidate Debswana's diamond business 

Having suddenly found herself at the helm of Debswana in 2019 following the premature death of her predecessor, Lynette Armstrong has been running Botswana's leading diamond producer in an acting capacity. With the appointment of a permanent managing director pending, she has been activating her networks as well as renegotiating the contract to sell the company's diamonds with its two shareholders, the Botswanan state and De Beers.

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