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Botswana
Infotrac trial exposes shareholder brawls for control of Debswana

As the diamond producer Debswana's shareholders, De Beers and the Botwsana government, continue to negotiate the appointment of its new managing director, a lawsuit filed by a contractor hired to run a background check on its former CEO sheds lights on a muted battle for control of the firm. [...]
Published on 09.03.2022 at 05:00 GMT Reading time 2 minutes
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Inner circles | Botswana
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.

LogoSubscribers only Mining 14.05.2020
Lynette Armstrong has been running Botswana's leading diamond producer in an acting capacity.

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