Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News Link

The result is a lopsided dependency. Botswana’s economy is a diamond monolith—roughly 30% of its GDP, 50% of government revenue, and 80% of its exports are tied to these stones. When De Beers decides to flush the pipeline or lower prices, Botswana bleeds.

: 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 result is a lopsided dependency

However, as the landmark 2011 sales agreement comes up for renegotiation, a critical question is echoing through Gaborone and global financial markets: Is Botswana actually getting a raw deal? : As of April 2026, Anglo American Plc

The current renegotiation is arguably the most significant in the partnership's 54-year history. Botswana’s President, Mokgweetsi Masisi, has taken a hardline stance, suggesting the government could walk away if terms do not improve. Current Reality Is Botswana Getting a Raw Deal

A multi-billion pula Diamonds for Development Fund was established to diversify Botswana's economy.