The African nation can make “much more money” if it negotiates a larger share from De Beers, President Masisi said Botswana is pushing for a larger share of diamonds mined by the De Beers consortium, President Mokgweetsi Masisi said on Thursday. Masisi’s government and the company have been trying to negotiate a new deal for five years, and the president now thinks Botswana can make more money cutting and refining its own stones. Botswana’s diamond industry is completely controlled by Debswana, a joint venture of the government and DeBeers. Although both parties own an equal stake in the venture, 75% of Debswana’s
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