What’s next for the diamond deal?

In his initial remarks after his ascension to the highest post President Duma Boko, said De Beers had been ready to walk away from its 55-year partnership with Botswana, adding that negotiated deals should not result in one side celebrating and another feeling cheated.

“A proper negotiation involves compromise, where you get a bit of what you wanted, the other person gets a bit,” he said. “Then you have a durable, sustainable agreement. “De Beers was considering walking away, not signing at all, a very dangerous position to be in as a country.”