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Botswana
Diamond giant Debswana takes on mining services

On 4 August, Botswana's diamond giant Debswana - a joint venture between the Botswana government and the UK's De Beers Group - quietly established a new subsidiary in Gaborone: Naledi Mining Services. Since the beginning of his term in 2018, President Mokgweetsi Masisi has been working to accelerate the sector's independence from international giants. [...]
Published on 30.08.2022 at 05:00 GMT
Mining, Commodity traders

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Further reading

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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