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
Masisi should avoid diplomatic tensions

Mokgweetsi Masisi’s recent spats regarding the supposed involvement of Eswatini and South Africa in accommodating former president Ian Khama have sparked concerns about the potential ramifications on diplomatic relations. While transparency is valued, it must be accompanied by strategic communication to mitigate unintended consequences.President Masisi’s comments during a diplomatic heads meeting have drawn attention to the delicate balance...

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