HB deal a signal of govt’s goals in diamonds

Thursday, April 06, 2023 | 1020 Views |

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

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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.

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HB deal a signal of govt’s goals in diamonds

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.