Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News |work| Jun 2026
: Some investigations have suggested "revenue leakage" where diamond values "miraculously increase" once they cross Botswana's borders, potentially reducing the country's tax take. The Improved 2025 Deal
The resulting 10-year sales agreement and 25-year mining licenses changed the math significantly: : Some investigations have suggested "revenue leakage" where
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%. : Some investigations have suggested "revenue leakage" where
By taking these steps, Botswana can ensure that it gets a fair deal from De Beers diamonds and that the industry benefits both the company and the country. : Some investigations have suggested "revenue leakage" where
