Botswana economy hit hard as diamond slump deepens
Botswana plans spending cuts amid falling diamond demand and a widening deficit, while seeking a larger stake in De Beers.
Petra Diamonds (LON: PDL) has reached a £4.3 million (about $6m) settlement with claimants that alleged widespread human rights abuses, including beatings and detentions, at the company’s Williamson mine in Tanzania. UK-based law firm Leigh Day had filed the lawsuit last...
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