Govt rejects De Beers' retention licence application

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The Botswana Government has rejected De Beers's application for a retention licence in the proposed AK 6 diamond project developed by Boteti Exploration, a joint-venture company between BSE-listed African Diamonds and De Beers, Business Today has been reliably informed.

But in an unexpected move, the government has agreed that diamonds from AK 6 will be marketed through the Diamond Trading Company Botswana (DTC Botswana) along with other Debswana production. The government had initially preferred auctioning on the open market.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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