De Beers Bailout Unavoidable - PHK
Monday, December 07, 2009
"De Beers is a significant player in terms of protection of diamond equity and as a country dependent on diamonds, we are bound to honour the agreement that has been made in principle," he said at a press conference on Friday.
Botswana, however, is itself cash-strapped after diamond exports plummeted to the point where the country had to seek a bailout from the African Development Bank (AfDB), will finance $150 million for its part of the De Beers 'stimulus' package.
This call is both timely and crucial, as it reflects a growing need for unity and collaboration amongst media bodies to address pressing issues facing the nation.The theme of this year’s Press Freedom Day, “A Press for the Planet: Journalism in the Face of the Environmental Crisis,” resonates deeply with Batswana, particularly in light of the ongoing human and wildlife conflict. Botswana’s rich wildlife population is not only a national...