Your account has been succesfully created.

EN FR

The Morning Brief
Log in

Password

Keep me logged in

Forgot your password?
Subscribe

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

Mokgweetsi Masisi during the presidential debate in Gaborone on 24 October 2024. © Monirul Bhuiyan/AFP

Botswana's president hopes to be returned to office this week. In the run-up to the 30 October elections, he has ordered spending taps to be kept open despite budgetary red flags and falling revenues in the diamond sector. [...]

Published on 29/10/2024 at 05:40 GMT Reading time 2 minutes

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Africa Intelligence relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

Mining

Set up email notifications for these topics

Botswana
Bank of Botswana
Botswana Democratic Party
Botswana Patriotic Front
De Beers
Duma Boko
HB Antwerp
Ian Khama
International Monetary Fund
Luc Eyraud
Mokgweetsi Masisi
Peggy Onkutlwile Serame
Umbrella for Democratic Change

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana, the source of most of De Beers's diamonds, is challenging the diamond giant by favouring an Antwerp start-up to cut and market its stones. Meanwhile, its parent company Anglo American has put the group up for sale, to little interest.

Subscribers only Mining 30.09.2024

Botswana
All lights green for De Beers diamond deal

After two years of negotiations, the trading deal is set to be signed next month.

Subscribers only Mining 20.06.2024

Botswana, Southern Africa
Kimberley Process secretariat moves into Gaborone offices at last

One of the most pressing issues facing the certification body's new executive secretary, Bojun Tang, will be the issue of Russian diamonds.

Free access Mining 26.04.2024

Botswana
Renewal of Shabtai's diamond permit runs into opposition in president's party

A number of BDP members in the National Assembly are contesting the government's decision to renew Israeli business tycoon Gilad Shabtai's operating rights at the Lerala Diamond Mine.

Subscribers only Mining 11.03.2024

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

In its most recent talks over a new deal with the Gaborone government, the diamond giant is negotiating to set the increase of the state's share of rough diamonds against high performance targets. That could hamper the Belgian trader's rise in the country as it has to back the government.

Subscribers only Mining, Commodity traders 13.02.2024

Botswana
Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

President Mokgweetsi Masisi and his mines minister are refusing to approve the termination of a distribution partnership between the Canadian miner and the Belgian trader, in which the Botswanan state is preparing to take a 24% stake.

Subscribers only Mining, Commodity traders 06.12.2023

Botswana
Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana's diamond marketing partner has given the Belgian-Israeli industry veteran the boot. But the former executive of Steinmetz Diamond Group remains a shareholder.

Subscribers only Mining 20.09.2023

Botswana
President Masisi stifles debate on diamond renegotiations

As the government edges closer to clinching a new agreement with diamond giant De Beers and puts the finishing touches on its partnership deal with Belgian trader HB Antwerp, Gaborone has tended to brush off any criticism by attributing it to the opposition behind former president Ian Khama.

Subscribers only Mining, Commodity traders 08.05.2023

Set up email notifications for these topics

Botswana
Bank of Botswana
Botswana Democratic Party
Botswana Patriotic Front
De Beers
Duma Boko
HB Antwerp
Ian Khama
International Monetary Fund
Luc Eyraud
Mokgweetsi Masisi
Peggy Onkutlwile Serame
Umbrella for Democratic Change

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana
All lights green for De Beers diamond deal

Botswana, Southern Africa
Kimberley Process secretariat moves into Gaborone offices at last

Botswana
Renewal of Shabtai's diamond permit runs into opposition in president's party

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

Botswana
Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana
President Masisi stifles debate on diamond renegotiations

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Botswana
Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

Botswana
Molefhi leads dissent in Masisi's Botswana Democratic Party

Botswana
Jwaneng MP angles for Debswana business

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal Guns and oil drive Russia's Dakar courtship

Cabo Delgado: a gas Eldorado and security nightmare

East Africa's hotly contested coffee sector

Transition: what's next after the coup?

Botswana Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Set up email notifications for these topics

In Focus | Botswana, South Africa From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana All lights green for De Beers diamond deal

Botswana, Southern Africa Kimberley Process secretariat moves into Gaborone offices at last

Botswana Renewal of Shabtai's diamond permit runs into opposition in president's party

Botswana De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

Botswana Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana President Masisi stifles debate on diamond renegotiations

Botswana HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Botswana Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

Botswana Molefhi leads dissent in Masisi's Botswana Democratic Party

Botswana Jwaneng MP angles for Debswana business

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Botswana
Mokgweetsi Masisi ignores IMF's advice and keeps splurging ahead of polls

In Focus | Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Botswana
All lights green for De Beers diamond deal

Botswana, Southern Africa
Kimberley Process secretariat moves into Gaborone offices at last

Botswana
Renewal of Shabtai's diamond permit runs into opposition in president's party

Botswana
De Beers' last negotiation points for Gaborone deal could undercut HB Antwerp

Botswana
Gaborone pressures Lucara Diamonds to re-engage with HB Antwerp

Botswana
Diamond trader HB Antwerp ditches CEO Oded Mansori

Botswana
President Masisi stifles debate on diamond renegotiations

Botswana
HB Antwerp diamond deal caught in political crossfire between Masisi and Ian Khama

Botswana
Diamond trader HB Antwerp positions itself in Gaborone as alternative to De Beers

Botswana
Molefhi leads dissent in Masisi's Botswana Democratic Party

Botswana
Jwaneng MP angles for Debswana business