By Alessandra Galloni
DAVOS, Switzerland (Reuters) -Botswana’s new President Duma Boko said on Thursday that he hoped his government would sign a diamond sales pact with Anglo American (JO:AGLJ) unit De Beers imminently.
Speaking during a Reuters NEXT Newsmaker interview at the World Economic Forum’s annual meeting in Davos, Switzerland, Boko said his government was in agreement with De Beers on most issues and that all that remained was “just tidying up”.
“I’m hoping it is tomorrow,” Boko said, when asked when the government planned to sign the sales deal.
Botswana, the world’s top diamond producer by value, and De Beers in 2023 agreed a new sales pact, but it was never signed.
Boko secured a shock election victory late last year, when voters in the Southern African country kicked out the party that had governed them for nearly six decades.
This post is originally published on INVESTING.
