Connect the Dots

Organization

Government of Botswana

The government of Botswana.

6 links, 0 backed by primary records

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Over time
  1. owns a stake in Debswana (15%) 1969–1975
  2. owns a stake in Debswana (50%) 1975 –
  3. includes Okavango Diamond Company, according to De Beers 2012 –
Government of Botswana holds

Connections 6

founded

  • Debswana 1969 with De Beers According to De Beers Self-published 4

    De Beers calls it 50-50 from the start; a minister said in 2023 the government began with 15 percent.

owns a stake in

  • Debswana 1969–1975 15% Scholarship & press 1
  • Debswana 1975 – 50% Scholarship & press 1
  • De Beers 15%, as of 2024 Scholarship & press 23

involved in

includes

Timeline 4 dates
  1. 1969 Government of Botswana founded Debswana According to De Beers
  2. 1969–1975 Government of Botswana owns a stake in Debswana
  3. 1975 – Government of Botswana owns a stake in Debswana
  4. 2012 – Okavango Diamond Company part of Government of Botswana According to De Beers
Proof 5 sources
  1. Vice President urges Batswana to jealously guard diamonds (Botswana Press Agency report of the Minister of Minerals and Energy), Botswana Daily News (BOPA), 25 Jun 2023. Scholarship & press
    Mr Moagi noted that in a re-negotiated agreement of 1975 Botswana and DeBeers each got 50 per cent shareholding.
    Botswana he said initially received 15 per cent of equity from DeBeers, 10 per cent royalty and income tax on profits of the mine.
  2. Anglo American to sell De Beers, JCK. Scholarship & press
    Anglo controls 85% of De Beers, while the government of Botswana owns 15%.
  3. Govt has 15 per cent in De Beers, Botswana Daily News (BOPA). Scholarship & press
    Minister Nonofo Molefhi said the government has 15 per cent shareholding in De Beers, with Anglo American having 85 per cent.
  4. Our History & Heritage Since 1888, De Beers Group. Self-published
    De Beers joins the Government of the Republic of Botswana to establish Debswana, a 50-50 partnership, to develop the Orapa mine.
  5. Strengthening our partnership with Botswana, De Beers Group, 2025. Self-published
    We have a strategic relationship with the Government of Botswana’s rough diamond sales company, Okavango Diamond Company (ODC)
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