Paper Topic:

Business Public and Environmental Policy

BUSINESS PUBLIC AND ENVIRONMENTAL POLICY

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University

Course : LAW

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Diamonds are forever - Botswana

De Beers Company is the largest diamond selling company in the world that has established diamond mining in Botswana . It has been in the activities of mining since the country gained independence and so has been involved in the growth of the economy from the beginning . The diamond mining business has been contributing to a 50 of the country 's Gross Domestic Product (GDP ) for quite some time until the economy diversified

for it to stand at a third . This means that the company has been contributing to a huge section of the country 's economy and its growth . The company operates on a 50-50 venture with the government and sold the government a 15 stake in the company . This is a new model of a joint venture where the government enters into the business as a partner (Goldsmith (Goldsmith , Ch .4 ,

.136 The Botswana government has been in the business of mining as a partner to De Beer to ensure efficiency in the industry for the benefit of the country . The company has been involved in Community Social Responsibility (CSR ) programs where it helped build roads , hospitals , and schools among other projects that benefit the society . The locals have therefore enjoyed the good infrastructure and living standards as a result of success of the company in the business . The company has also establishes the biggest diamond sorting complex in the world in Gaborone...

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