Boko rebuffs IMF on De Beers’ pursuit
Tuesday, December 16, 2025 | 270 Views |
Up for grabs: De Beers' shareholding is set to change
In an in-depth report on the country’s economy and trajectory released last week, the IMF advised Botswana against seeking a greater stake in De Beers, citing the country’s constrained fiscal situation and its already high dependence on the diamond sector.
Speaking at a Kgotla meeting in Kanye on Monday, Boko said the push for full control of De Beers was going forward.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...