Boko’s frustrations with De Beers rise

Speaking off-speech over the weekend at the Botswana National Front congress as the party’s president, Boko expressed frustration with the slow sales by De Beers, the country’s partner of 56 years in diamonds.

“We are in trouble. The challenges for the leadership is how to get out of these difficulties. “At the markets for diamonds, the whole stock of diamonds that was dug up in 2024 has not been bought; it was not sold. We are not counting the one for this year. “Others say it cannot be sold, and they have their many reasons. “The bottom line is that money is not coming in, and as this is not happening, the doctors want money, the teachers want money, and schools don’t have what they need. “These things are all happening at once while we are sitting on top of 10 million carats from 2024 that have not been bought. “This means that there should be unusual decisions that some may believe are provocative. “The order I have taken out is by telling those who are taking care of these diamonds, by July 31, 2025, part of these diamonds must have been sold.”