Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News 〈UHD〉
That later is now. The new generation of Botswanan leadership believes the colonial-era training wheels must come off.
Under the terms of the agreement, De Beers pays the government of Botswana a royalty of 10% on the value of diamonds extracted from the mines. However, critics argue that this royalty rate is too low, and that the government of Botswana is not getting a fair share of the revenue generated by the diamond industry. That later is now
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