Africa Links 24 with Shania Lazarus
Published on 2025-11-15 06:00:00
Several days ago a media outlet in Namibia reported that the government had agreed to invest N$14.8 billion in buying shares in De Beers.
These are being sold by its primary shareholder, Anglo-American, which owns 85% of De Beers.
The other 15% has been held by the government of Botswana since the 1980s. Botswana profited well from both its 50% stake in Debswana (the equivalent of Namdeb), as well as the 15% of De Beers it acquired with stockpiled diamonds. But that was…
Read the Full article on The Namibian
