De Beers, govt agree 10-year diamond deal

* Govt clinches 10 percent window
* Four more polishing firms to set up

Government and De Beers are close to signing an unprecedented 10-year diamond sales and marketing contract that will set the platform for Botswana's transformation from a mere gem producer to a global diamond sales and distribution centre, sources close to the proceedings have revealed.

According to industry sources, lawyers for the two parties are fine-tuning the new diamond deal in London for the parties to put pen to paper in July when De Beers new CEO Philippe Mellier takes over.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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