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Vol 64 No 16

Published 3rd August 2023


De Beers deal could save BDP's skin

Gaborone's new diamond deal offers gains to the government and hedges against challenges from new technology

If President Mokgweetsi Masisi has got it right, the new agreement Botswana has struck with its dominant economic partner De Beers – to sell half of its rough diamonds in 10 years' time – could make the difference between staying in power and becoming the first president since independence to be defeated at the polls.

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