Botswana President Duma Boko says the country is working on a fiscal consolidation plan to help generate efficiency in the economy. He says the country recently launched a new sovereign wealth fund to invest in sectors beyond diamonds. The southern African nation is pushing to secure a majority stake in diamond producer De Beers as Anglo American looks to divest its 85% stake in the firm. Boko tells Bloomberg’s Jennifer Zabasajja that potential collaborators including the likes of Qatar and the Oman Sovereign Wealth Fund have been lined up. (Source: Bloomberg)
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In Full: Boko on Diamonds, Botswana Economy, Wealth Fund
