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Botswana
De Beers and Gaborone struggle to reach new diamond deal

Botswana Minister of Mines Lefoko Moagi.
Botswana Minister of Mines Lefoko Moagi. © Stéphanie Lecocq/EPA/MaxPPP
Talks on Botswana's new deal with the global diamond giant have taken a tense turn after a leaked report accused De Beers of tax evasion. The two sides have until 30 June to hammer out an agreement to continue their long-standing partnership. [...]
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Read also, in our previous issues

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.

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