the monitor

Botswana, Angola focus on reviving diamond demand

IN TALKS: Kenewendo and Azevedo met on Friday in Gaborone. PIC: MINISTRY OF MINERALS FACEBOOK
IN TALKS: Kenewendo and Azevedo met on Friday in Gaborone. PIC: MINISTRY OF MINERALS FACEBOOK

The minerals ministers of Botswana and Angola met on Friday, pledging to redouble their efforts to resuscitate global demand for natural diamonds, in the spirit of partnership.

The two countries, which are the continent’s leading producers of diamonds, recently announced that they are both seeking majority stakes in De Beers, the diamond giant in which Anglo American is selling its 85% stake.

However, following a meeting in Gaborone, Minerals and Energy minister, Bogolo Kenewendo and her Angolan counterpart, Diamantino Pedro Azevedo, said they were “perfectly aligned” in their positions on the De Beers stake.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up