Why Botswana increased its De Beers Mining Deal from 25% to 50%

In this video we analyse Debswana a partnership between the Government of the Republic of Botswana and De Beers Group, formed in 1969. The company’s structure is a 50/50 joint venture through long-term investment. It operates four diamond mines in Botswana - Jwaneng, Orapa, Damtshaa and Lephenye - making it the world’s leading diamond producer by value and volume. Debswana is the leading private employer in Botswana with approximately 5000 employees and 6000 contractors, directed from their corporate center in Gaborone.

Sources: https://shorturl.at/qRXY6

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