Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News [exclusive] [RELIABLE – 2024]

. But as the global diamond market shifts, the question of whether Botswana is getting its fair share has moved from boardroom whispers to front-page news. The Changing Power Balance

De Beers committed to investing in local "downstream" activities like cutting, polishing, and jewelry manufacturing. largely processed in London.

At the heart of this success story is Debswana, a 50/50 joint venture between the Government of the Republic of Botswana and De Beers. For years, the operational model was straightforward: Debswana mined the stones, and they were funneled into De Beers’ global sightholder system, largely processed in London. largely processed in London.