mmegi

HB deal a signal of govt’s goals in diamonds

New partnerships: Masisi unveils the logo for HB Botswana on Monday PIC: HB ANTWERP
New partnerships: Masisi unveils the logo for HB Botswana on Monday PIC: HB ANTWERP

While government’s equity deal with HB Antwerp, announced this week, is a clear sign of where the state sees greater value for the country as the major diamond mines reach maturity, analysts are watching for one key factor: scale.

More accurately, those monitoring the deal with HB Antwerp are weighing its scalability.

The three-year-old Belgian firm has built high expectations around what it can deliver.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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