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Botswana seeks to increase its stake in De Beers as the diamond firm faces a sale amid plummeting prices from lab-grown alternatives and declining demand.
Catch up on global daily news
Compelling long reads
Future-gazing analysis, predictions and speculation
Tune into captivating conversations
Watch engaging short films

Our podcast on markets, the economy and business. This week, how lab-grown stones have upended the market and what that means for…

Gemstones transformed African nation but government has sounded alarm over business owned by Anglo American

Botswana, one of Africa’s richest countries, is trying to shake off dependence on De Beers and precious stones

A gold rush is combined with a power grab

JOHANNESBURG: Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives…

Botswana, one of the world's biggest diamond producers, has been struck by a global decline in the market.