The Minister of Minerals and Energy, Bogolo Kenewendo, has affirmed Botswana’s commitment to maintaining its long-standing partnership with mining giant De Beers, despite recent reports alleging that the company may have violated elements of its contractual agreements with the government.
Speaking from Las Vegas in the United States, where she is attending one of the diamond industry’s leading global events, Minister Kenewendo stressed the importance of continued collaboration between the government and De Beers, particularly regarding the current diamond sales agreement that plays a crucial role in Botswana’s economy.
“We need De Beers for the diamond sales agreement,” the Minister said, emphasizing that the government remains fully committed to the terms of the existing partnership. “If there are any concerns from either party, they will be addressed constructively within the framework of our agreement.”
Minister Kenewendo reassured both local stakeholders and the international diamond community that the government will continue to ensure that all dealings with De Beers adhere strictly to the stipulations outlined in the diamond sales agreement. She also highlighted Botswana’s dedication to transparency, accountability, and mutual respect in its engagement with industry partners.
Botswana’s diamond industry, one of the most significant contributors to the nation’s GDP, has long been built on a cooperative model with De Beers. The government remains focused on safeguarding this relationship while ensuring that all contractual obligations are honoured and that the country’s interests are well protected.
As the industry evolves and new challenges emerge, Minister Kenewendo’s message from Las Vegas underscores Botswana’s strategic approach: maintaining strong, stable partnerships while upholding the integrity and sustainability of the diamond sector.
