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De Beers, gov't quell tensions

Friday, February 24, 2023 | 1370 Views |

Diamond giant, De Beers, does not expect any interruption anytime soon in the supply of stones it secures from Botswana, even as government hints that it wants a larger share of output from Debswana.

Debswana is the producer at the heart of tensions between the state and the global group.

Executive Vice-President Diamond Trading, Paul Rowley told Mmegi that the diamond group was not factoring in a possible interruption in supplies as part of risks to its outlook for the year.

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De Beers, gov't quell tensions

Diamond giant, De Beers, does not expect any interruption anytime soon in the supply of stones it secures from Botswana, even as government hints that it wants a larger share of output from Debswana.