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COVID-19 delays Botswana, De Beers negotiations

The Botswana government has revealed that the COVID-19 pandemic has delayed its negotiations with the diamond miner, De Beers. The government said there was no guarantee that it would be able to renew a new 10-year sales agreement with De Beers before the end of December, when the current one …

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Diamond drop compelling Botswana must expand revenue base

The subsequent decline in the country’s gross domestic product (GDP) due to the drop in the production of diamonds makes it more imperative for Botswana to diversify its economy from mining. Rough diamond production decreased by 27 per cent to 11,3 million carats in the first half of 2020. This …

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Police determined to end Illegal Sand Mining in Moshupa

Moshupa Police Commander, Superintendent David Ramoseki said the ever-increasing illegal sand mining in Moshupa and surrounding villages was a great concern and disclosed that police were determined to eliminate the crime. He mentioned Moshupa west, Taueshele Farm area, Lotlhakane West, Tshaane and Sentsi villages as places being targeted by illegal …

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Botswana’s diamond export drop by 68% in second quarter

Botswana’s rough diamond exports fell by 68 per cent in the second quarter of the year as the coronavirus pandemic hit demand while global travel restrictions hurt trading, this is according to data released by the central bank on Friday. The central bank report showed exports of diamonds from Debswana, …

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