While De Beers’ executive vice president of diamond trading, Paul Rowley, says the deal is a “win-win,” there are fears in the market that the new sales agreement between De Beers and the Government of Botswana could negatively impact De Beers’ bottom line.
Rowley was responding to media inquiries at De Beers offices in Gaborone last week where they presented their financial results to business scribes.
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