Tag: Southern Africa
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Diamond-Rich Botswana Courts UAE, Oman to Buy De Beers Stake
Botswana Seeks Greater Control of Its Diamond Future Botswana, Africa’s leading diamond producer by value, is pursuing an ambitious strategy to increase its influence over the global diamond industry by seeking support from the United Arab Emirates (UAE) and Oman in acquiring a strategic stake in De Beers, the world’s most recognized diamond company. The…
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🇧🇼 Botswana Nears Historic Deal for Majority Stake in De Beers
In a move that could dramatically reshape the global diamond industry, Botswana is pushing to finalize a deal to acquire a majority stake in the legendary gem company, De Beers, by the end of next month. This potential acquisition represents a seismic shift for the southern African nation, which has been the primary source of…
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Witchcraft Allegations in Zambia: Political Plot or Crackdown on Opposition?
In a controversial turn of events, Zambian authorities have arrested two individuals accused of plotting to harm President Hakainde Hichilema using witchcraft. The suspects were allegedly hired by the brother of opposition leader Jay Banda, according to police reports. Found in possession of “assorted charms” and a live chameleon, the suspects were described as practicing…
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