Botswana should pull out of De Beers - Analyst

In an interview in Gaborone this week, Even-Zohar said although the re-listing makes sense for De Beers, Botswana will not get anything out of it and should actually use it as an opportunity to offload its 15 percent stake in the company. 

In fact, Even-Zohar says he has never seen any reason Botswana should have a 15-percent stake in De Beers. "It does not make any sense and it does not bring any benefit to the country," he says. "The diamond resources are here in this country and the government should concentrate on that. Why would you need to have a minority stake in a company that owns other mines in Canada or Namibia?