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HB Antwerp co-founders clash over gem trader s future as Botswana deal looms

Diamond processor and trader HB Antwerp said on Monday it had removed one of its three co-founders from management following differences over strategy, a development that comes amid a pending sales.

HB Antwerp co-founders clash over gem trader s future as Botswana deal looms

HB Antwerp co-founders clash over gem trader s future as Botswana deal looms
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What is behind Masisi s gem deal? | Article Preview

Citing resource control, the President is joining with a Belgian start-up diamond trader to challenge the De Beers empire, After 54 years in mining diamonds and 10 years in trading them, Botswana is moving downstream in the business by taking a 24% stake in Belgium s HB Antwerp, a diamond trading, cutting and polishing start-up company.

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