From a purely extractive standpoint, Botswana receives one of the highest government takes of any mining nation in the world. Why, then, is there growing dissatisfaction? The Core of the Grievance: Value Beyond Mining
After eight long years of tense negotiations, the Government of Botswana and De Beers finally signed a new "Diamond Partnership for the Next Generation" on February 25, 2025. The deal is a 10-year sales agreement (with an option for a further five years) tied to a 25-year extension of mining licenses for Debswana, running until 2054. From a purely extractive standpoint, Botswana receives one
Following years of tense negotiations, culminating in a final agreement in February 2025 and ongoing implementations in 2026, the question of whether Botswana is truly maximizing its natural wealth remains central to its economic sovereignty, according to reports from. The Historical Context: A Partnership Built on Dependence The deal is a 10-year sales agreement (with