Tag: movies

The ratchet impact of each successive contract negotiation implies that Botswanan governments will now have even higher control of the diamonds found in the country. De Beers consequently has fewer diamonds for its shopper base, each internationally and locally in Botswana. From an outsider’s perspective, the partnership between De Beers and Botswana appeared to be crumbling after greater than 50 years of collaboration. The media coverage and political rhetoric from certain quarters hinted at a possible collapse of the partnership. Factors similar to these point out probably weaker short-term consumer confidence and negativity for future diamond acquisition by the mass…