Botswana Says It Won’t Be ‘Reckless’ Over De Beers Investment

Botswana Vice President Ndaba Gaolathe said the government will not jeopardize the country’s financial wellbeing as it considers increasing its investment in De Beers, the world’s largest diamond company. The statement signals a cautious approach to a potentially significant state investment, without disclosing transaction size, timing, or financing details.