Govt rebuffed offer to up stake in De Beers
Friday, April 01, 2016

Mokaila
In 2011, Anglo American bought the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion in cash, ending the dynasty’s 80-year ownership in the world’s largest diamond miner.
The transaction increased Anglo’s holding in De Beers to as much as 85 percent, with the remainder held by government.
The acrimony that seemingly characterised the relationship between the Malete Land Board on behalf of the Botswana government and Kgosi Mosadi Seboko and the tribe, should now be water under the bridge as the tribe has finally gotten what it has been fighting for - the land.Kgosi Mosadi has articulated an instance upon which she was allegedly summoned to the State House by the Head of State, Mokgweetsi Masisi where the former claimed she was...