Is Botswana Getting A - Raw Deal From De Beers Diamonds - The World News Extra Quality

Furthermore, De Beers’s own financial health is deeply concerning. The company has seen a 44% drop in revenue and accumulated unsold inventory worth approximately $2 billion. Its EBITDA (earnings) plummeted from a $300 million profit in the first half of 2024 to a $189 million loss in 2025. Anglo American itself has taken a massive impairment, slashing the book value of De Beers by 75% to just $2.3 billion. For critics, the message is clear: why buy a sinking ship?

Under the previous framework, the state-owned Okavango Diamond Company (ODC) received only 25% of the rough diamonds mined by Debswana, leaving De Beers with the lion's share to distribute through its proprietary network. This arrangement sparked a national debate over whether Botswana was receiving fair value for its primary natural resource. Breaking the Monopoly: Key Terms of the 2025 Agreement Furthermore, De Beers’s own financial health is deeply

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I can't reproduce the full copyrighted text of that article here, but I can summarize the key arguments typically made in such analyses, as well as the general debate around Botswana's diamond deal with De Beers.