{"id":48280,"date":"2024-05-09T18:38:48","date_gmt":"2024-05-09T18:38:48","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/?p=48280"},"modified":"2024-05-09T17:44:08","modified_gmt":"2024-05-09T17:44:08","slug":"botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal","title":{"rendered":"Botswana vows to protect interests in potential BHP-Anglo deal"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Botswana. <\/strong><\/span><b>BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of Anglo American, according to a report.<\/b><\/p>\n<p>BHP confirmed press speculation on April 25 that it had proposed a takeover offer for Anglo. Valued at about $39bn, the proposal was rejected by Anglo the following day. Anglo owns the controlling balance of De Beers.<\/p>\n<p>Citing comments by Botswana president Mokgweetsi Masisi, the newswire said that a bid for Anglo by BHP would be met with challenges on several fronts including potentially difficult negotiations with Botswana as well as the scrutiny of antitrust authorities from China to South Africa and Japan.<\/p>\n<p>\u201cNo way would we allow ourselves to willingly be made redundant or irrelevant,\u201d said Masisi in a television interview on Wednesday with CNBC Africa. \u201cSo Botswana will respond in ways that are protective of its interests.\u201d<\/p>\n<p>\u201cThe value of De Beers is fundamentally created by Botswana,\u201d Masisi added. \u201cThat can never be missed by anybody.\u201d<\/p>\n<p>Botswana is the world\u2019s largest producer of rough diamonds by value, with the revenues making up the bulk of the southern African country\u2019s budget receipts, said Bloomberg News. Anglo estimates that its total economic contribution to Botswana was $1.16bn last year, with almost half of that coming from taxes and royalties.<\/p>\n<p>De Beers agreed to hand over more diamonds to Botswana\u2019s government in negotiations that concluded in the middle of last year, just as the latest deadline for a deal expired, the newswire reported.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/botswana\">Botswana<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Botswana. BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of Anglo American, according to a report. BHP confirmed press speculation on April 25 that it had proposed a takeover offer for Anglo. Valued at about $39bn, the proposal was rejected by Anglo [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":48279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,237,234],"class_list":["post-48280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Botswana vows to protect interests in potential BHP-Anglo deal - Botswana<\/title>\n<meta name=\"description\" content=\"BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of A ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Botswana vows to protect interests in potential BHP-Anglo deal\" \/>\n<meta property=\"og:description\" content=\"BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of A ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-09T18:38:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1715263447.558687.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1023\" \/>\n\t<meta property=\"og:image:height\" content=\"575\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Botswana vows to protect interests in potential BHP-Anglo deal\",\"datePublished\":\"2024-05-09T18:38:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal\"},\"wordCount\":270,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2024\/05\/sm_1715263447.558687.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-vows-to-protect-interests-in-potential-bhp-anglo-deal\",\"name\":\"Botswana vows to protect interests in potential BHP-Anglo deal - 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