Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News __full__ May 2026

De Beers Group

The discussion surrounding whether Botswana is getting a "raw deal" from has shifted significantly following the formal signing of a new partnership agreement in February 2025 . While historical sentiments—including those from former President Masisi—suggested Botswana was previously undervalued, the current consensus under President Duma Boko leans toward a more balanced, "transformational" relationship. Recent Developments (as of April 2026)

1. Strong public revenues and social investment

   The 10-Year Standoff

   Despite these gains, critics and local leaders argue the nation remains vulnerable: De Beers Group The discussion surrounding whether Botswana

   1. Longstanding asymmetric control over sales and pricing

      Facts and Figures

      Another friction point is the financial structure of the agreement. Under the current deal, Botswana sells 75% of Debswana’s output to the Okavango Diamond Company (a state-owned entity), while De Beers takes the remaining 25%. Strong public revenues and social investment The 10-Year