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Botswana
Businessman Bame Pule seeks government's good graces with local investments

Under the scrutiny of the new authorities for his role in the mining negotiations with HB Antwerp and De Beers, the advisor of former president Masisi has taken a majority stake in a leading hospital. [...]

Published on 05/06/2025 at 04:40 GMT Reading time 2 minutes

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Mining, Business

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Botswana
Africa Lighthouse Capital
Bame Pule
Botswana Public Officers Pension Fund
De Beers
Duma Boko
Funeral Services Group
HB Antwerp
Medlane Holdings
Minet Group
Mokgweetsi Masisi
Phenyo Segokgo
Rafael Papismedov
Umbrella for Democratic Change

Botswana
De Beers diamond deal far from sparkling, says ex-President Masisi

Former President Mokgweetsi Masisi blames his successor, Duma Boko, for accepting clauses in the diamond distribution agreement that are less favourable to the state.

Subscribers only Mining 15.04.2025

Botswana
Botswana Democratic Party takes government to task over new De Beers deal

The diamond giant, which has signed a partnership agreement with the new Botswanan government, has been accused by the former ruling party of dodging its tax obligations.

Subscribers only Mining, Politics 10.02.2025

Minister of Mineral and Energy Bogolo Kenewendo with De Beers CEO Al Cook in Cape Town, South Africa, 3 February 2025.

Botswana
Diamond trader HB Antwerp's charm offensive with President Boko

Worried about the future of their partnership with Gaborone, which was secretly negotiated with former president Mokgweetsi Masisi, the directors of HB Antwerp, who have not yet been able to meet the new head of state, are launching their media campaign in Gaborone.

Subscribers only Mining 17.01.2025

Botswanan President Duma Boko in Harare, Zimbabwe, 20 November 2024.

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

The bosses of diamond giant De Beers, which operates mines in Botswana, have had an initial meeting with the country's new leader and are delighted with the political changeover. But the state's deal with HB Antwerp, which wanted to market the country's precious stones, appears to be in jeopardy.

Subscribers only Mining 20.11.2024

Duma Boko at the Mass Media Complex in Gaborone, 1 November 2024.

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

Botswana's president hopes to be returned to office this week. In the run-up to the 30 October elections, he has ordered spending taps to be kept open despite budgetary red flags and falling revenues in the diamond sector.

Subscribers only Mining 29.10.2024

Mokgweetsi Masisi during the presidential debate in Gaborone on 24 October 2024.

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana, the source of most of De Beers's diamonds, is challenging the diamond giant by favouring an Antwerp start-up to cut and market its stones. Meanwhile, its parent company Anglo American has put the group up for sale, to little interest.

Subscribers only Mining 30.09.2024

The New Guard
Botswana, Somalia, Benin

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

BotswanaFund manager Bame Pule, a discreet adviser to president Masisi

SomaliaBarkhad Kaariye, speaking on behalf of Somaliland

BeninLéonce Hamza Houngbadji, founder of Africa Solutions Week

Subscribers only Finance, Politics, Diplomacy 18.09.2024

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

In its most recent talks over a new deal with the Gaborone government, the diamond giant is negotiating to set the increase of the state's share of rough diamonds against high performance targets. That could hamper the Belgian trader's rise in the country as it has to back the government.

Subscribers only Mining, Commodity traders 13.02.2024

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

Announced last March (AI, 22/03/23), the Botswanan government's plans to [...]

Subscribers only Mining, Commodity traders 24.01.2024

Botswana
Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

President Mokgweetsi Masisi and his mines minister are refusing to approve the termination of a distribution partnership between the Canadian miner and the Belgian trader, in which the Botswanan state is preparing to take a 24% stake.

Subscribers only Mining, Commodity traders 06.12.2023

Botswana
Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana's diamond marketing partner has given the Belgian-Israeli industry veteran the boot. But the former executive of Steinmetz Diamond Group remains a shareholder.

Subscribers only Mining 20.09.2023

Botswana, DRC
Tshisekedi inspired by Botswana's experience with HB Antwerp

The DRC president used his recent visit to Gaborone to renew his acquaintance with Belgian diamond entrepreneur Rafael Papismedov. He has invited him to Kinshasa to help revive the Congolese diamond sector.

Free access Mining 19.05.2023

Botswana
Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

HB Antwerp is in talks with the state-owned Okavango Diamond Co over a diamond trade partnership, which the Belgian trader is hoping to show would be more profitable for the Botswana government than its arrangement with sector giant De Beers.

Subscribers only Mining, Commodity traders 22.03.2023

Botswana
De Beers and Gaborone struggle to reach new diamond deal

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.

Subscribers only Mining 22.02.2023

Botswana Minister of Mines Lefoko Moagi.

On our other sites

Luxury sector frets over De Beers sale

Caught off-guard by Anglo American's announcement that it is considering selling De Beers, the luxury giants that are the diamond producer's top customers are closely monitoring the transaction.

Subscribers only Glitz 23.05.2024

Mining giant Anglo American announced on 14 May that it was putting diamond producer De Beers up for sale.

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Botswana
Africa Lighthouse Capital
Bame Pule
Botswana Public Officers Pension Fund
De Beers
Duma Boko
Funeral Services Group
HB Antwerp
Medlane Holdings
Minet Group
Mokgweetsi Masisi
Phenyo Segokgo
Rafael Papismedov
Umbrella for Democratic Change

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DRC
Washington deal: intricacies behind Tshisekedi's poker move

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Botswana
Businessman Bame Pule seeks government's good graces with local investments

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Set up email notifications for these topics

Botswana
De Beers diamond deal far from sparkling, says ex-President Masisi

Botswana
Botswana Democratic Party takes government to task over new De Beers deal

Botswana
Diamond trader HB Antwerp's charm offensive with President Boko

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

The New Guard
Botswana, Somalia, Benin

BotswanaFund manager Bame Pule, a discreet adviser to president Masisi

SomaliaBarkhad Kaariye, speaking on behalf of Somaliland

BeninLéonce Hamza Houngbadji, founder of Africa Solutions Week

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

Botswana
Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

Botswana
Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana, DRC
Tshisekedi inspired by Botswana's experience with HB Antwerp

Botswana
Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

Botswana
De Beers and Gaborone struggle to reach new diamond deal

Luxury sector frets over De Beers sale

Set up email notifications for these topics

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Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

DRC Washington deal: intricacies behind Tshisekedi's poker move

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Botswana Businessman Bame Pule seeks government's good graces with local investments

This article may be accessed by subscribers

Do you want a free trial before subscribing?

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create a free account

Set up email notifications for these topics

Botswana De Beers diamond deal far from sparkling, says ex-President Masisi

Botswana Botswana Democratic Party takes government to task over new De Beers deal

Botswana Diamond trader HB Antwerp's charm offensive with President Boko

Spotlight | Botswana President Boko's election reshuffles cards in diamond industry

Botswana Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

The New Guard Botswana, Somalia, Benin

BotswanaFund manager Bame Pule, a discreet adviser to president Masisi

SomaliaBarkhad Kaariye, speaking on behalf of Somaliland

BeninLéonce Hamza Houngbadji, founder of Africa Solutions Week

Botswana De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana HB Antwerp nears diamond marketing deal with Gaborone

Botswana Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

Botswana Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana, DRC Tshisekedi inspired by Botswana's experience with HB Antwerp

Botswana Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

Botswana De Beers and Gaborone struggle to reach new diamond deal

Luxury sector frets over De Beers sale

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

DRC
Washington deal: intricacies behind Tshisekedi's poker move

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Botswana
Businessman Bame Pule seeks government's good graces with local investments

Botswana
De Beers diamond deal far from sparkling, says ex-President Masisi

Botswana
Botswana Democratic Party takes government to task over new De Beers deal

Botswana
Diamond trader HB Antwerp's charm offensive with President Boko

Spotlight | Botswana
President Boko's election reshuffles cards in diamond industry

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

The New Guard
Botswana, Somalia, Benin

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
HB Antwerp nears diamond marketing deal with Gaborone

Botswana
Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

Botswana
Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana, DRC
Tshisekedi inspired by Botswana's experience with HB Antwerp

Botswana
Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

Botswana
De Beers and Gaborone struggle to reach new diamond deal