Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News [portable] -

A Rough Cut? Analyzing Whether Botswana Is Getting a Raw Deal from De Beers

That later is now. The new generation of Botswanan leadership believes the colonial-era training wheels must come off.

The Debate Over Revenue Sharing

GABORONE –

For nearly six decades, the relationship between the Republic of Botswana and the De Beers diamond conglomerate has been heralded as the "Golden Standard" of resource partnership. It is a narrative taught in business schools worldwide: a tiny, post-colonial African nation, emerging from the dirt of poverty in 1966, discovers the world’s richest diamond pipes and strikes a deal with a monopoly giant. The result? Botswana transformed into an upper-middle-income country with free education, low corruption, and a stable currency. A Rough Cut

Bid for Control

: As of April 2026, Anglo American Plc is seeking to divest its 85% stake in De Beers. Botswana, which already owns 15%, is actively exploring a controlling stake (over 50%) to secure greater sovereignty over its resources. The "Raw Deal" Perspective vs. Current Reality Is Botswana Getting a Raw Deal From De Beers Diamonds? The Debate Over Revenue Sharing GABORONE – For