De Beers

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.

Botswana
Two of HB Antwerp's cofounders shake diamond industry with resignation

Against a backdrop of tensions among company heads, Rafael Papismedov and Shai De Toledo have stepped down from their management roles. They now have their sights on setting up a new company in the same sector in southern Africa.

South Africa
Anglo American moves closer to South African exit

Eager to leave the country, Anglo American is looking to sell its platinum subsidiary Amplats as well as its shares in diamond giant De Beers.

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.

The New Guard
Libya, Somalia, South Africa

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

LibyaAhmed Albibas, civil rights champion

SomaliaFathi Bashe, youth ambassador for the Horn of Africa

South AfricaMqokeleli Gomba, chief engineer at Richards Bay

South Africa
Anglo American to slash workforce in platinum and diamond sectors

Anglo American Platinum has begun consultations with its South African employees on a plan to restructure in Johannesburg and envisages cutting some 200 jobs.

Lesotho
Government minister Lebona Lephema to take over Mothae Diamond Mine

Lephema, a leading figure in Lesotho's ruling RFP party and head of a business conglomerate, is to buy Lucapa Diamonds' majority interest in the highly attractive mine.

Botswana
All lights green for De Beers diamond deal

After two years of negotiations, the trading deal is set to be signed next month.

Angola
Alrosa works on exit (and return) strategy for Catoca diamond mine

Ongoing sanctions have pushed the Russian giant to negotiate the sale of its shares to a 'friendly' investor, with the possibility of buying them back should the winds of politics turn back in its favour.

Angola
Rio Tinto keeps close eye on progress at Chiri diamonds project

The mining giant's boss Jakob Stausholm dispatched four emissaries to Angola in mid-April. Their mission was to assess progress on the firm’s two largest projects on the continent.