Botswana Leader Still Wants De Beers Control Despite IMF Warning

Botswana President Duma Boko reiterated a plan to take control of De Beers, rebuffing a warning from the International Monetary Fund that the diamond market’s prolonged slump makes it a...

By William Clowes, Mbongeni Mguni · Bloomberg Markets

Botswana President Duma Boko reiterated a plan to take control of De Beers, rebuffing a warning from the International Monetary Fund that the diamond market’s prolonged slump makes it a risky undertaking.