Business Emerging Markets

Botswana to buy 24% stake in Belgian diamond trader HB Antwerp

The Botswana government announced Monday that it will buy a 24% stake in the Belgian gem trader HB Antwerp, a move that is seen as a possible challenge to De Beers’s dominance of the southern African nation’s diamond industry. “Today is the dawn of a new era of a diamond industry in Botswana as we […]