IMF Warns Against Buying De Beers
3 Articles
3 Articles
IMF Warns Botswana Not to Buy De Beers
The International Monetary Fund (IMF) has warned the Botswana government against increasing its stake in De Beers, citing the country’s economic woes and dependence on diamonds. The challenging situation in the diamond market creates considerable uncertainty for Botswana, the IMF said in a review of the African mining country’s fiscal situation, which it published on December 8. “This risk is compounded by the fact that the government has expres…
IMF Warns Against Buying De Beers
The International Monetary Fund (IMF) has cautioned Botswana to reconsider its plan to increase its stake in De Beers, warning that the country’s fiscal position and heavy reliance on diamonds make such a move risky GAZETTER REPORTER The International Monetary Fund has warned Botswana that increasing its stake in De Beers could be…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium

