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Vol 64 No 20

Published 5th October 2023


Antwerp gems deal on the rocks

The President put much store into a scheme intended to add value to diamond sales, but the dream seems to be turning sour

The Botswana government's ambitious plan to sell part of its huge rough diamond output have been dealt a hammer blow by the implosion of its selected sales partner, the privately-owned cutting and polishing firm HB Antwerp, after the Belgian-Israeli founder of the firm, Oded Mansori, was ousted as chief executive in September. The proposed sales deal between HB Antwerp and Botswana remains under review despite the Belgian company announcing Mansori's reinstatement on 2 October.

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