The problem is if we chase them away they will stop buying our diamonds and they are the biggest buyers. They might even say our diamonds are blood diamonds and put sanctions on us. It's a double edged sword. The white man is hell bent on making sure the black man does not prosper
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
The fact that people think Botswana is an ideal in terms of its mining practices is terrible. Africa won’t be free unless these colonialist firms are gone.
Colonial firms have to go ''WHAT A JOKE'' Have you thought to rewrite the contracts to favour you??? Foreign firms are highly needed,,, If you fail to cut deals favouring your citizens and blame third party then there is something very wrong with your national competitiveness in world Economy, Look the west are doing business, at that they will trick lie lobby ,,,, use everything to get away with the last drop of profit ,,,, Its nature ,,, money is the root of all evil,,,,, But still we need the money,,,, Blaming the west is short sighted as far as I can perceive human modern survival,
Botswana was not colonised in the traditional sense. What happened was 3 Batswana chiefs from the 3 largest tribes went to London to request the queen to protect their tribes and land from Dutch and German settlers who were encroaching on their territory. Botswana willingly submitted herself to the monarchy. That is why Botswanaland was a protectorate and not a colony. With the exception of land grabs and isolated cases of forced labour the country did not suffer many of the atrocities that many colonies suffered. Only roughly 5% of Botswana’s total land area was taken mostly in the east along the only perennial river in the region and north East on the site of the earliest gold rush in Southern Africa. The majority of the country is a semi desert, therefore the British saw the country as a barren land. Due to this Botswana remained relatively untouched. We maintained our traditional way of life and leadership structure until after independence. Botswana’s success and stability after independence is attributed mostly to the fact that we were able to retain our traditional institutions and way of life. The reason we have Africa’s longest running democracy is because that is how we lived pre-colonization’, during-colonization and post colonization.
@@boitumelochombo3142 No sir. The three King's, who were cousins went to England, to request that our territory is not transferred to the Union of South Africa or Rhosia. They were only half successful, as southern Botswana (North West, Province South Africa) was lost. The protectorate was declared by Britain without our concent. If you are going to speak about my country, learn the facts first.
@@boitumelochombo3142 No my brother, you’re sugar-coating the current imperialism and neocolonialism in Botswana. My neighbours are being brutally graped by De Beers etc just like SA hence they agreed to build the bridge that transports all DRC minerals to the rest of the world through SA together with Zambia. Our leaders will never see heaven. You’ve had diamonds for centuries, how come you haven’t been taught to mine it on your own? Why do you need De Beers as a partner?
Bra, there is still high unemployment with our 50/50 deal. Seriously feel bad because people think the diamonds will still be there in future instead of utilizing the resource to its fullest now.
3:53 In Francistown, the second largest city after Gaborone, the main road is called "Blue Jacket" Street After Cecil John Rhodes. Apparently he always wore a blue jacket... fun fact.
It is not necessarily a people that occupy, although it is veiled as such by employing divides across all lines of group identities (divide and conquer). It is a parasitic system operating as Corporate Economic Hitmen backed by the profits of their previous loot. By their ambitions of earthly riches and superiority they feel entitled to servants and slaves. But to force one's will onto others is to separate oneself from life itself.
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
@@archyology Have you looked at the history, foreign and economic policies…no! You low IQ people always think its oil oil oil, now go look and we talk further
Please do a show on the mineral revolution in South Africa and it's impact on Southern African societies. A lot of migrant labor was used to fuel South African growth in the 20th century, many of these migrant workers were exploited and segregated from an economy they built. Most of the mines in South Africa were on stolen land and the native people of those lands were kept out. All this still has a negative impact
When the West praises you, that the economy is doing well, it means they are gaining slot. They are only flattering. It is time Botswana reevaluate it's economy.
I know my fellow country men are going to argue that we were not colonised but a protectorate. That was just a term and an arrangement but when all is said and done we were colonised. The case of Botswana was like someone surrendering to rape but negotiating for condom use
We were colonised, there was no negotiation and we were no better than other African nations. 3 chiefs went to england when colonisation was on it's the same with Zimbabwe 3 chiefs went during colonisation.
Reality is DeBeers as a company is richer than Botswana as a country with this 50/50 deal. Mind you DeBeers has mining operations in many other countries.
i have been to Botswana and Namibia as an African but what i saw was Un African to say the least, that big land with less than 2 milllions of people and most of them poor Africans and very hostile towards fellow Africans (both are still practically colonies of Germany(Namibia) & British (Botswana)
@@gahangwasteve8789 Someone is getting ill-treated in every country of the world every time, so through your reasoning, we should label citizens of every country as hostile to their fellow countrymen and neighbours?... your experience shouldn't be the grounds to which we should label Batswana as poor and very hostile.
Thanks for highlighting the plight of Batswana. Very few people in Botswana benefit from the vast natural wealth. The people of Botswana are living in poverty. The minimum wage is less than $200 a MONTH!!!. Botswana is the biggest producer of diamonds in Africa but public services and infrastructure are a shame. Where is all the money going??
@@Thelandissue We have basic primary education, basic health, electricity, clean water in almost all our villages. Only about 100 villages left to connect to electricity grid in Botswana. Name the countries doing better than Botswana in this continent. Most of this African just want our country to be failed state like their countries.
technology transfer: Botswana has Okavango diamond Technology , we do polishing , processing and we have gained insight in the running of the bussiness
I think Botswana lacks the powerful sway that Western political and media channels have, which could jeopardize its stability. Western influence might undermine the diamond industry's charm by promoting cheaper, more alluring alternatives. Remember, diamonds are essentially just shiny eye candy-something our ancestors didn't value until it was marketed to them. Our real victory will come from reinvesting our diamond revenue into industries we're more familiar with, like agriculture and healthcare.
Am akenya. And I see tea export as raw to UK. But if you tell UK to buy value added from africa .they will shy off. They. Extract and destroy the. Land not just mines but pesticides. The. Minute Africa. Stops exports. And find internal value and currency. Value from within a traditional African economic .system. Base on internal value.rational
As a Motswana living in America I see very clearly that this deal with De Beers does not serve Botswana at all and it should've ended many years ago. Like you said, Botswana should've learned the ins and outs of mining and kicked out foreigners. So our politicians have failed us a lot. There is this image of Botswana that is sold by the west that we are a country that's doing extremely well, but that's far from the truth. Unemployment in Botswana is extremely high and those who are employed barely make enough to survive. In spite all this my fellow countrymen keep electing the same party and so continuing with the same government that has failed the country in the last 30 years. I hope one day the people of Botswana will be smart enough to know that it is time for change. The next general elections are next month October 2024 and I have no reason to believe they will vote them out. Another reason for this is that my people are so uneducated especially on issues of the economy. An uninformed voter is one who can be persuaded to vote against his own interests.
Our educational systems are key to all this. Our curriculum is still that of the colonialists and so nothing changes. Our politicians are selfish not to make these necessary changes
@@MrGwara Ee! When I hear Batswana try to discuss or debate politics it makes my head hurt, especially the arguments made by BDP supporters which are mainly that we should just vote for BDP because the opposition is bad and will destroy the country. They don't realize that the country is already ruined, unemployment that is above 30% by, the countries reserves are basically empty, this country is so close to collapse. We produce nothing but minerals and we don't even enjoy the money that comes out of that.
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
Give me a break. African countries getting together. There are too many corrupt leaders who are more interested in enriching themselves than making. Africa great
I'm from Botswana and is time our government nationalize all mining in Botswana cos we don't benefits anything and we remain the poorest in Africa with rich minerals, Burkina Faso did the same and soon more African countries must do the same
As a Xhosa South African I've read about leaders like Seretse Khama of Botswana, serving his own peaple and being hated by whites settlers in SA. At some point I would like to see the country he has helped build.
As a citizen of Botswana 🇧🇼...this issue really gives me goosebumps because the share DeBeers get is far way much than the diamond 💎 owners. This is is a disgrace.
@@TshumuKokgalagadiyour parents should teach you respect, stop abusive language that is why you are poor , Stop Setswana insults embarrassing Batswana with your poor manners
In Kenya, they've cleverly enclosed our mineral resources for themselves in "National Parks, Reserves, Ranches and Conservacys" . Most of the lands are still in British hand
Oh my god brother! How did u know ? People don’t know shit like that. Im south Sudanese and yes America and France should be kicked out their military bases and Ofcourse they exploit Africa soooo much but it frustrates me that people don’t know the British is the biggest criminal of them all, he is the smartest white man out of them all, he is very sneaky, quiet and acts like he dosent do anything but he steals the most from Africa, interferes the most in Africa and people don’t even know the British is the one that controls America lol America is Britain’s daughter. The ones that control Africa and the world the most is the British and specifically the royal family and the number 1 is the Vatican and specifically the pope. But people don’t know those are the people that control Africa, America and all. We think it’s only America and France but the British and Roman’s are very sneaky and quiet. I always say this to my Kenyan family why the hell does the British still have troops there…. For what reason ? Kenya is not like Sudan, Congo or Somalia right now so why are British troops there?? But yeah they use reserves, national park, wildlife, unesco heritage sites as cover up while those areas have sooo much resources and they already know it does because they been there for a while and also because their satellites are monitoring and surveillance on us 24/7. The Roman’s use the Catholic Church to control and soo much other tools that’s why you also see so much churches and catholic priest in Kenya and Africa. Thank you for calling out the British because no one does anymore because we think it’s just America and France when britian steals the most from Africa
I once talked that if we made this much progress with what we get from these crappy diamond deals, imagine what we could achieve with something like 80%-90%. My friends dismissed me as crazy. That couldn't be any further from the truth. We've been having the Westerners looting us through the greed and lust for luxury and comfort of our own people at the top at the expense of the nation and country resources.
As South Africans, we are building our economy via BRICKS countries and no longer want to depend on western ways, but Botswana is a danger for SADC to fight colonisers because it's very blind country that's why they have US army base.
@@ayakhasokabo8816 Give me the top 10 countries when it comes to living standard, salary, political environment and economic competitiveness tell me are those marxist countries or pro-western please tell me or just look at Kuwait 🇰🇼
@@pablocharlie Well many of the top 10 countries that are pro western made their wealth by enslaving people, pillaging and exploiting countries far away from them. Unless a country is willing to do exactly that then the pro western approach won't yield similar results. Selling your soul and being abused by your masters is never worth it
@@ayakhasokabo8816 Bahrain’s SWF 🇧🇭 owns 100% of McLaren Group Ltd, Kuwait’s SWF 🇰🇼 owns 7% of Mercedes, The QIA 🇶🇦 owns 2.5% of Porsche and 14.6% of Volkswagen, Africa is bad in business, economic and foreign affairs, you guys are pathetic and mediocre deal with it
Just for your information. The 50/50 split is a very recent development, around 2 or 3 years old. For a very long time. De beers had over 60% split. So though we now have an improved deal. It can still be better.
True i asked a Debswana guy about that and he said it belonged to the state and i will be compensated with P30 000, so technically De beers made sure an ordinary motswana will have to remain poor by advising the government on that policy. Imagine millions brought by 1 diamond? BOTSWANA diamonds are of high quality but for a country of 2 million the society doesn't reflect that. We should be in Dubai or Monaco standard if government took all those mines from these companies and be 100% Botswana owned not by private companies but by the state. Now i understand that poverty is manufacturered, people in the leadership need people to be poor to remain in power.
Botswana is so under developed it is really embarrassing.The country has no infrastructure and doesn't produce anything for itself.Majority of the profits from tourism don't even make it into the country.If you want to cry,visit the Boteti region where some of the world most valuable diamonds are produced.The poverty there is so horrific that countries that have been at war for years have better resources.
Wow! What a time to be alive, when American citizens are now doing a much better job in journalism than the so called professionals’ 👏🏾👏🏾👏🏾👏🏾👏🏾 thank you! I rate you for exposing this situation.
I think Africa should shut down mining because there is no point in getting used like this for cents on the dollar and also monopolies like De Beers. We should just cut this down until the demand rises and so does the price. This thing is easy
we renegotiated diamond sales of which 90 percent was sold by de beers so they now give us 30 percent to sell for ourselves plus 10 billion USD for 10 yrs
Why are you negotiating for something that is yours? I could never negotiate for something that belongs to me. Surely the diamonds should belong to Botswana and not belong to a British company. Russia is the highest producing diamond country in the world., Guess what, Russia's diamonds are owned by the Russian state,. No British company exploitation. Who cursed Africans to have such weak mentalities?
The Viet Cong did not allow that to happen to their country, the North Vietnamese Army and the Viet Cong drove the two nuclear power colonialist nations out of their country, and they have not dared to return. Africans needs to become like the Viet Cong.
It might seem late for Botswana to want beneficiation businesses in their land, but it's the right move. I would argue Africa as whole need to build these utility type of businesses through community based skills upgrades
Last year, a delegation visited Botswana from some western country. They had come to tell us that some operations would have to be moved to Belgium, as a measure to ensure Russian diamonds would not infiltrate the system, thus rendering the sanctions ineffective. With all the infrastructure we have invested in, including blockchain technology, to ensure we move further along the value chain than just mining, we had to suffer a blow foe Russian sanctions which we had nothing to do with. Fortunately our leaders stood their ground and refused the idea.
I dont know who said Botswana was colonized , just like Ethopia we were never colonized our country was protected under Queen Elizabeth from the start.This error must be corrected
That protectorate is just t sugar coat colonisation.. if we were not colonised why do we still use a constitution that is not ours? Why do we use a constitution that is not ours then if at start we were independent from foreign interference?
Botswana has been fighting for a long time to get back their dues and its been a long time coming, besides mining, large prime areas in Botswana are still held by colonial families through a special Freehold title deed that allows them lifetime perpetual ownership, Some are selling but majority still own the land and the land tenure continues to exist only to keep their land while the active land tenures are Tribal and State Land which both are actual leases from the Government. However Botswana suffers far less than its all neighbors when it comes to Land and Business monopolies by colonizers..
I hear you and it's very sad bcos even today we can feel the impact of the deal we got ourselves on . I believe that with improving the benefitian deal we can employ a lot of children who are in employed. The problem is we are very vulnerable to Western imperialism They can easily distabilise like they did Zaire and somalia.i know we have been told that we were not colonised but we're a protectorate but it was a lie. We are colonised even today
The challenge with diamonds is that they are luxury goods. As such they’re very sensitive to a lot of economic factors. Some of us paid nothing from primary school to tertiary education and we have high paying jobs and can go and work anyway around the world thanks to Botswana diamonds. To benefit from diamonds, the best option is for the government to diversify. But the main challenge is that the education system there particularly STEM isn’t strong, which doesn’t help with innovation. There’s no point chasing Debeers away for the sake of looking ‘like taking control from the West’ at the detriment of the country.
@@EasyMoney-p8k Because, we needed investors to start mining in Botswana. When De beers came to Botswana, they was no infrastructure in the country at all. They took the risk to invest
Africa must own its minerals! That cannot be negotiated like Saudi Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company), which is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. Which controls 82.19% of the oil 16% is owned by Saudi Arabia citizens and only 0.81% is owned by foreigners who assist in technical and management. This is what Africa must adopt otherwise any other deal remains a criminal treason against the current and future generations of Africa.
Bingo ! DeBeers and other former colonial companies that mines diamond are predatory and most of the diamond isn't worth the price paid for. As mentioned the huge mark ups.
@@lebonericardoramakgala8160 Enlightenment 😂😂😂. We were building pyramids in Egypt while Neanderthals were living in caves & chasing after rabbits in Europe.
The first university in the world was in Timbuktu. Even the likes of Pythagoras came to Africa for further education. This is the history that they don't tell you.
Here is an article on Colonialism. It is on going in the Philippines. " (Primer) Retrospect: US military bases in the Philippines and the movement that expelled it "
But at least we translated the Bible into your languages. And we showed you the wheel. These days the West is donating about 182 billion a year to Africa. What do you do with all that money?
@@DeontjieTake that fairytale book and shove it where the sun doesn't shine,and that aid that you uncivilized savages give to Africa is just another way of keeping us in debt.
Respectfully you spent 20 seconds on The Acquisition of the land/mining zone from SA and the DeBSwana public private partnership entity; that history could have been more comprehensive
The video feels like it’s stuck in the past, repeating old critiques about Western exploitation that everyone already knows. It’s easy to keep hammering away at the West, but the world has changed. China is now a massive player in Africa, locking countries into debt with their heavy investments and loans. But instead of addressing this, the video sticks to outdated narratives, essentially giving us a regurgitated version of what we've all heard before. The author needs to update himself to current realities. Ignoring the growing influence of modern superpowers like China, which many African nations now owe huge debts to, makes the argument incomplete and honestly, a bit boring. The global power structure isn't the same as it was decades ago. Stop feeding us the same tired story-dig deeper into what's happening today, or risk becoming irrelevant with the same old anti-Western rhetoric everyone knows.
The loans from China and the International Monetary Fund (IMF) to Angola differ significantly in terms of conditions and objectives. **Chinese Loans**: These are often tied to infrastructure projects and use Angola's natural resources as collateral, with interest rates averaging around 2.7%[2][3]. Chinese loans are less transparent and come with fewer explicit conditions, but they can lead to significant control over infrastructure if Angola defaults[2]. **IMF Loans**: In contrast, IMF loans come with stringent conditions aimed at fiscal transparency and economic reforms, often requiring austerity measures[1][4]. These loans are typically used as a last resort when Angola faces financial distress due to its inability to repay Chinese loans[1][4]. Citations: [1] academic.oup.com/isagsq/article/2/4/ksac062/6843523?login=false [2] www.cadtm.org/Part-3-Questions-Answers-on-China-Is-China-doing-what-the-World-Bank-IMF-and-US [3] www.swp-berlin.org/publikation/mta-spotlight-25-debt-relief-in-africa [4] link.springer.com/article/10.1007/s11127-023-01114-4 [5] en.wikipedia.org/wiki/Debt-trap_diplomacy [6] www.elibrary.imf.org/view/journals/001/2024/037/article-A001-en.xml [7] www.chathamhouse.org/2022/12/response-debt-distress-africa-and-role-china/02-case-studies-chinese-lending-africa
As Motswana, We have gained enough of mining knowledge it's time we stand on our own. We are being ripped off here. A re chencheng
The problem is if we chase them away they will stop buying our diamonds and they are the biggest buyers. They might even say our diamonds are blood diamonds and put sanctions on us. It's a double edged sword. The white man is hell bent on making sure the black man does not prosper
True, our big challenge with this is obtaining machinery and technology which we were strategically deprived of.
Thank god you're not being looted by the chinese and russians
True 💯
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
Botswana native here. I approve this message. Let me sub!
Welcome aboard!
What is Botswana doing with its 50%?
@@johnkelly3886 a great deal
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
@@modisaneunity4534 name a country with mining terms better than Botswana
The fact that people think Botswana is an ideal in terms of its mining practices is terrible. Africa won’t be free unless these colonialist firms are gone.
is Africans going to unite against them and their plants and, make them leave
Colonial firms have to go ''WHAT A JOKE'' Have you thought to rewrite the contracts to favour you??? Foreign firms are highly needed,,, If you fail to cut deals favouring your citizens and blame third party then there is something very wrong with your national competitiveness in world Economy, Look the west are doing business, at that they will trick lie lobby ,,,, use everything to get away with the last drop of profit ,,,, Its nature ,,, money is the root of all evil,,,,, But still we need the money,,,, Blaming the west is short sighted as far as I can perceive human modern survival,
Botswana is a highly advanced country.
@@jerry-q8f Why in the world do you want them to leave?? They are working,,,,, Let them but on win win terms,
@@MrTooEarnestOnline Rabbit pan Africanisim, which is actually racism will never lead to success.
Botswana was not colonised in the traditional sense. What happened was 3 Batswana chiefs from the 3 largest tribes went to London to request the queen to protect their tribes and land from Dutch and German settlers who were encroaching on their territory. Botswana willingly submitted herself to the monarchy. That is why Botswanaland was a protectorate and not a colony.
With the exception of land grabs and isolated cases of forced labour the country did not suffer many of the atrocities that many colonies suffered. Only roughly 5% of Botswana’s total land area was taken mostly in the east along the only perennial river in the region and north East on the site of the earliest gold rush in Southern Africa. The majority of the country is a semi desert, therefore the British saw the country as a barren land. Due to this Botswana remained relatively untouched. We maintained our traditional way of life and leadership structure until after independence. Botswana’s success and stability after independence is attributed mostly to the fact that we were able to retain our traditional institutions and way of life. The reason we have Africa’s longest running democracy is because that is how we lived pre-colonization’, during-colonization and post colonization.
@boitumelochombo3142 who cares what the legal paperwork says ,when your colonized your colonized
@@boitumelochombo3142 No sir. The three King's, who were cousins went to England, to request that our territory is not transferred to the Union of South Africa or Rhosia. They were only half successful, as southern Botswana (North West, Province South Africa) was lost. The protectorate was declared by Britain without our concent. If you are going to speak about my country, learn the facts first.
That's the history they want you to believe
The colonisers wrote their history. You got the information from their history
@@boitumelochombo3142 No my brother, you’re sugar-coating the current imperialism and neocolonialism in Botswana. My neighbours are being brutally graped by De Beers etc just like SA hence they agreed to build the bridge that transports all DRC minerals to the rest of the world through SA together with Zambia. Our leaders will never see heaven. You’ve had diamonds for centuries, how come you haven’t been taught to mine it on your own? Why do you need De Beers as a partner?
You come to my house..cook on my stove,using my food…all I have to enjoy is the smell of good food…
Sounds great!
Your equity,any more and your nose will be pegged.
Good, I think it's time the west leave Africa to stand on its own.
@@geraldwilliams6972 It's time the Western parasites leave us alone.
Wherever America has a military base, just know nothing good is coming from it.
@@A_4_A-0 sure thing
@@A_4_A-0 I live in this country, I'm yet to see this American military base.
Can you share documentation from Botswana govt on that military base? We need to read what you read.
I’m sure you have official info from Botswana
@@zazzleq6139 Do you care to share documents proving that we, have an American or any foreign military base.
@@kabzaify golo fa ke thaisitse kgwathe fa.
A nkoborwane yo a arabe gore ene o bone kae US military base mono…🤭
Bra, there is still high unemployment with our 50/50 deal. Seriously feel bad because people think the diamonds will still be there in future instead of utilizing the resource to its fullest now.
Jay, can you.give an idea of how should the resource be use in order to use it to the fullest?
True, I also think diversification is needed
@@ayakhasokabo8816 Diversification is why they have been using the money on education.
3:53 In Francistown, the second largest city after Gaborone, the main road is called "Blue Jacket" Street After Cecil John Rhodes. Apparently he always wore a blue jacket... fun fact.
The people who illegally accupied south Africa are not settlers they are colonizers
Same thing. Settler-colonialists.
It is not necessarily a people that occupy, although it is veiled as such by employing divides across all lines of group identities (divide and conquer). It is a parasitic system operating as Corporate Economic Hitmen backed by the profits of their previous loot. By their ambitions of earthly riches and superiority they feel entitled to servants and slaves. But to force one's will onto others is to separate oneself from life itself.
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
@@pablocharlie Kuwait was a colonial creation of Britain, to cut Iraq off from the sea. They have an exceptional amount of oil wealth.
@@archyology Have you looked at the history, foreign and economic policies…no! You low IQ people always think its oil oil oil, now go look and we talk further
Please do a show on the mineral revolution in South Africa and it's impact on Southern African societies. A lot of migrant labor was used to fuel South African growth in the 20th century, many of these migrant workers were exploited and segregated from an economy they built. Most of the mines in South Africa were on stolen land and the native people of those lands were kept out. All this still has a negative impact
Our fathers had to leave their households here in Botswana to go and work in SA, just so they could pay the hut tax that England demanded
When the West praises you, that the economy is doing well, it means they are gaining slot. They are only flattering.
It is time Botswana reevaluate it's economy.
The West don’t praise anyone, the numbers through loans and handouts the country gets are indicators if the economy is doing well or not.
@OledraMathewEddemaga - VERY TRUE - When Whites or the West shower you with PRAISES - You must be OPPRESSING your OWN PEOPLE.
I know my fellow country men are going to argue that we were not colonised but a protectorate. That was just a term and an arrangement but when all is said and done we were colonised. The case of Botswana was like someone surrendering to rape but negotiating for condom use
No better way to.put it....kkkkkk
o bua nnete waga mma
👏👏👏Comment ya mmakgonthe
We were colonised, there was no negotiation and we were no better than other African nations. 3 chiefs went to england when colonisation was on it's the same with Zimbabwe 3 chiefs went during colonisation.
Ga gona nnete e feta eo moholo. 100% facts
Reality is DeBeers as a company is richer than Botswana as a country with this 50/50 deal. Mind you DeBeers has mining operations in many other countries.
@@THISIS4REALTHO Botswana owns 15 percent of De beers. So we have mining interests all over the world.
@@kabzaify ...and Google is richer than America.
i have been to Botswana and Namibia as an African but what i saw was Un African to say the least, that big land with less than 2 milllions of people and most of them poor Africans and very hostile towards fellow Africans (both are still practically colonies of Germany(Namibia) & British (Botswana)
Poor Africans hostile to fellow Africans? Here in Botswana? Wow!
@@thebusinessstrategistbw816 pretty much Yeah!
@@gahangwasteve8789 there's no such thing here...cite one source that says we Batswana are hostile to fellow Africans.
@@sethhades it's me ! i had that experience while doing a cross continent with my friends back in the days! may be i was one in a millions .
@@gahangwasteve8789 Someone is getting ill-treated in every country of the world every time, so through your reasoning, we should label citizens of every country as hostile to their fellow countrymen and neighbours?... your experience shouldn't be the grounds to which we should label Batswana as poor and very hostile.
Thanks for highlighting the plight of Batswana. Very few people in Botswana benefit from the vast natural wealth. The people of Botswana are living in poverty. The minimum wage is less than $200 a MONTH!!!. Botswana is the biggest producer of diamonds in Africa but public services and infrastructure are a shame. Where is all the money going??
@@Thelandissue hahaaha useless
The elites of the nation😮
People from Zimbabwe come to South Africa, where they earn about $13 per day.
@@oankgogachiane9937Nothing funny here
@@Thelandissue We have basic primary education, basic health, electricity, clean water in almost all our villages. Only about 100 villages left to connect to electricity grid in Botswana.
Name the countries doing better than Botswana in this continent.
Most of this African just want our country to be failed state like their countries.
technology transfer: Botswana has Okavango diamond Technology , we do polishing , processing and we have gained insight in the running of the bussiness
So you need now to scale up Okavango Diamond Technology to have full control of your diamond mining and bid farewell to De Beers.
to put things short and frank Botswana is not watching the show its at the fore-front .
ill leave it there
I think Botswana lacks the powerful sway that Western political and media channels have, which could jeopardize its stability. Western influence might undermine the diamond industry's charm by promoting cheaper, more alluring alternatives. Remember, diamonds are essentially just shiny eye candy-something our ancestors didn't value until it was marketed to them. Our real victory will come from reinvesting our diamond revenue into industries we're more familiar with, like agriculture and healthcare.
Am akenya. And I see tea export as raw to UK. But if you tell UK to buy value added from africa .they will shy off. They. Extract and destroy the. Land not just mines but pesticides. The. Minute Africa. Stops exports. And find internal value and currency. Value from within a traditional African economic .system. Base on internal value.rational
There are many markets other than the UK. There are markets within Africa.
Yes. Yes... yes again!!!
And west says Botswana Is One of the poorest country & they are there with Diamonds Companys...can someone tell me of this makes sense?
As a Motswana living in America I see very clearly that this deal with De Beers does not serve Botswana at all and it should've ended many years ago. Like you said, Botswana should've learned the ins and outs of mining and kicked out foreigners. So our politicians have failed us a lot.
There is this image of Botswana that is sold by the west that we are a country that's doing extremely well, but that's far from the truth. Unemployment in Botswana is extremely high and those who are employed barely make enough to survive. In spite all this my fellow countrymen keep electing the same party and so continuing with the same government that has failed the country in the last 30 years. I hope one day the people of Botswana will be smart enough to know that it is time for change. The next general elections are next month October 2024 and I have no reason to believe they will vote them out. Another reason for this is that my people are so uneducated especially on issues of the economy. An uninformed voter is one who can be persuaded to vote against his own interests.
Our educational systems are key to all this. Our curriculum is still that of the colonialists and so nothing changes. Our politicians are selfish not to make these necessary changes
@@MrGwara Ee! When I hear Batswana try to discuss or debate politics it makes my head hurt, especially the arguments made by BDP supporters which are mainly that we should just vote for BDP because the opposition is bad and will destroy the country. They don't realize that the country is already ruined, unemployment that is above 30% by, the countries reserves are basically empty, this country is so close to collapse. We produce nothing but minerals and we don't even enjoy the money that comes out of that.
That's why the unification of Africa is going to come against hard resistance from Neocolialist regimes all over the place. God bless Africa
@@StephenEnongene it's apparently why gaddafi was assassinated
We need Vietnam spirit to achieve that in our life time
That will never succeed...African mindsets even in this age of AI remain colonized
Please tell me why do countries such as Kuwait 🇰🇼 have a sovereign wealth fund of $980BN and they are a country of 3.1 million people, look at their history, foreign and economic policies those are the answers!
Give me a break. African countries getting together. There are too many corrupt leaders who are more interested in enriching themselves than making. Africa great
I'm from Botswana and is time our government nationalize all mining in Botswana cos we don't benefits anything and we remain the poorest in Africa with rich minerals, Burkina Faso did the same and soon more African countries must do the same
As a Motswana i get chest pains like why cant we be independent.. how are we letting people rob us😪😭
Vote that party out😂
As a Xhosa South African I've read about leaders like Seretse Khama of Botswana, serving his own peaple and being hated by whites settlers in SA. At some point I would like to see the country he has helped build.
They are lying bro sebetse sold us to this people..
@@samueloabilemunyari3717 How though? What other alternatives would he had came up with seeing that Botswana at the time was basically dirt poor?
You can't lose something unless you own it.
All this WILL END!!!!! Thank you for speaking out. People like you make a difference. God bless you.
How do you see this ending? Can you give me an idea of the modalities you see?
As a citizen of Botswana 🇧🇼...this issue really gives me goosebumps because the share DeBeers get is far way much than the diamond 💎 owners. This is is a disgrace.
I'm in Botswana a country of poor people, poor roads,poor health care, poor everything
@@moremitv8416 Botswana is not the paradise I have been made to believe?
U are not motswana o lerete.
@@moremitv8416 your point? Do you agree or disagree with what's being said?
@@TshumuKokgalagadiyour parents should teach you respect, stop abusive language that is why you are poor , Stop Setswana insults embarrassing Batswana with your poor manners
@@omodiagbedominicedeoghon4607 not heaven at all, but in comparison to most African states it is.
In Kenya, they've cleverly enclosed our mineral resources for themselves in "National Parks, Reserves, Ranches and Conservacys" . Most of the lands are still in British hand
Oh my god brother! How did u know ? People don’t know shit like that. Im south Sudanese and yes America and France should be kicked out their military bases and Ofcourse they exploit Africa soooo much but it frustrates me that people don’t know the British is the biggest criminal of them all, he is the smartest white man out of them all, he is very sneaky, quiet and acts like he dosent do anything but he steals the most from Africa, interferes the most in Africa and people don’t even know the British is the one that controls America lol America is Britain’s daughter. The ones that control Africa and the world the most is the British and specifically the royal family and the number 1 is the Vatican and specifically the pope. But people don’t know those are the people that control Africa, America and all. We think it’s only America and France but the British and Roman’s are very sneaky and quiet. I always say this to my Kenyan family why the hell does the British still have troops there…. For what reason ? Kenya is not like Sudan, Congo or Somalia right now so why are British troops there?? But yeah they use reserves, national park, wildlife, unesco heritage sites as cover up while those areas have sooo much resources and they already know it does because they been there for a while and also because their satellites are monitoring and surveillance on us 24/7. The Roman’s use the Catholic Church to control and soo much other tools that’s why you also see so much churches and catholic priest in Kenya and Africa. Thank you for calling out the British because no one does anymore because we think it’s just America and France when britian steals the most from Africa
As a Motswana, it breaks my heart how these parasites continue to leech off us
when dealing with Botswana you are dealing with highly intelligent countries . They have in my view the best template for running an African country
The best template is to allow western companies to control the natural resources of the African country? Wow
😂😂😂... you are a joke.
I once talked that if we made this much progress with what we get from these crappy diamond deals, imagine what we could achieve with something like 80%-90%. My friends dismissed me as crazy.
That couldn't be any further from the truth. We've been having the Westerners looting us through the greed and lust for luxury and comfort of our own people at the top at the expense of the nation and country resources.
Great, keep spreading the truth
As South Africans, we are building our economy via BRICKS countries and no longer want to depend on western ways, but Botswana is a danger for SADC to fight colonisers because it's very blind country that's why they have US army base.
Where is this American basing you guys are always yapping about kante?
About time Botswana got full control of her minerals
@@WynandMeyeringCan you also make an example of Libya before NATO destroyed the country. How they were better off after nationalizing their oil.
@@ayakhasokabo8816 Give me the top 10 countries when it comes to living standard, salary, political environment and economic competitiveness tell me are those marxist countries or pro-western please tell me or just look at Kuwait 🇰🇼
@@pablocharlie Well many of the top 10 countries that are pro western made their wealth by enslaving people, pillaging and exploiting countries far away from them. Unless a country is willing to do exactly that then the pro western approach won't yield similar results. Selling your soul and being abused by your masters is never worth it
@@pablocharlie I'm sorry but what's your point
@@ayakhasokabo8816 Bahrain’s SWF 🇧🇭 owns 100% of McLaren Group Ltd, Kuwait’s SWF 🇰🇼 owns 7% of Mercedes, The QIA 🇶🇦 owns 2.5% of Porsche and 14.6% of Volkswagen, Africa is bad in business, economic and foreign affairs, you guys are pathetic and mediocre deal with it
Just for your information. The 50/50 split is a very recent development, around 2 or 3 years old. For a very long time. De beers had over 60% split. So though we now have an improved deal. It can still be better.
They are bleeding my own country as you speek my brother Guyana.
Thanks brother for exposing all dirty games from Africa Africa is poor because of west we all know
If you find a diamond in your garden...it automatically belongs to De fucking Beers.
True i asked a Debswana guy about that and he said it belonged to the state and i will be compensated with P30 000, so technically De beers made sure an ordinary motswana will have to remain poor by advising the government on that policy. Imagine millions brought by 1 diamond? BOTSWANA diamonds are of high quality but for a country of 2 million the society doesn't reflect that. We should be in Dubai or Monaco standard if government took all those mines from these companies and be 100% Botswana owned not by private companies but by the state. Now i understand that poverty is manufacturered, people in the leadership need people to be poor to remain in power.
If I pick it up. It's mine, I'll shut up
If there is no money to be made, no one will trade.
We are talking about fair trade, not exploitative control by Capital.
Africa is a puppet continent 😢
Painful indeed. 😡
Bah-Tswana/Batswana(Is a group of people from Botswana)... Its pronounced with the same Bo used in words like Both, Bob etc
Botswana is so under developed it is really embarrassing.The country has no infrastructure and doesn't produce anything for itself.Majority of the profits from tourism don't even make it into the country.If you want to cry,visit the Boteti region where some of the world most valuable diamonds are produced.The poverty there is so horrific that countries that have been at war for years have better resources.
Botswana must go the current Burkina Faso way and mining model and indigenous ownership.
Thats what i said
Thank you for this.
My pleasure!
we are being F#&ked hard.. please help Russia, China, anybody out there 😭😭
Botswana native they are making money from our diamonds 💎 owning a small stake in our mines while the british own a large percentage
@@kabokaisara5293 DeBeers is a public/private company not a state owned company, they are not marxist unlike you banana africans 🍌
No Bais Here..Truth is a weapon of empowerment 🙏🏾
Kenya is slowly headed in the same direction
Bro have you been to botswana its the best country in africa....the deal was good
If the deal was good botswana would look like Switzerland
Wow! What a time to be alive, when American citizens are now doing a much better job in journalism than the so called professionals’ 👏🏾👏🏾👏🏾👏🏾👏🏾 thank you!
I rate you for exposing this situation.
I think Africa should shut down mining because there is no point in getting used like this for cents on the dollar and also monopolies like De Beers. We should just cut this down until the demand rises and so does the price. This thing is easy
we renegotiated diamond sales of which 90 percent was sold by de beers so they now give us 30 percent to sell for ourselves plus 10 billion USD for 10 yrs
Why are you negotiating for something that is yours? I could never negotiate for something that belongs to me. Surely the diamonds should belong to Botswana and not belong to a British company. Russia is the highest producing diamond country in the world., Guess what, Russia's diamonds are owned by the Russian state,. No British company exploitation. Who cursed Africans to have such weak mentalities?
@@EasyMoney-p8k it's terrible here in Afrika bro
The Viet Cong did not allow that to happen to their country, the North Vietnamese Army and the Viet Cong drove the two nuclear power colonialist nations out of their country, and they have not dared to return. Africans needs to become like the Viet Cong.
BDP has let down Batswana..😢
It might seem late for Botswana to want beneficiation businesses in their land, but it's the right move. I would argue Africa as whole need to build these utility type of businesses through community based skills upgrades
Here in Norway we are forming an army called the oppressor killers. Jesus just came back with the sward.
Last year, a delegation visited Botswana from some western country. They had come to tell us that some operations would have to be moved to Belgium, as a measure to ensure Russian diamonds would not infiltrate the system, thus rendering the sanctions ineffective. With all the infrastructure we have invested in, including blockchain technology, to ensure we move further along the value chain than just mining, we had to suffer a blow foe Russian sanctions which we had nothing to do with. Fortunately our leaders stood their ground and refused the idea.
I dont know who said Botswana was colonized , just like Ethopia we were never colonized our country was protected under Queen Elizabeth from the start.This error must be corrected
Then why "gain independence" if you were colonised? Ethiopia was never colonised or "conquered"
That protectorate is just t sugar coat colonisation.. if we were not colonised why do we still use a constitution that is not ours? Why do we use a constitution that is not ours then if at start we were independent from foreign interference?
Botswana was colonised, no matter the circumstances, Botswana was and is still treated by the british as a colony.
@@karimmoorad9649Botswana was never colonised
Protectorate ga e tshwane le protection.
Dimawe victory is for Batswana. Not UK
Diamonds are an infinite resource, value forced high by limiting supply
Thank you so much nice story to listen
Botswana has been fighting for a long time to get back their dues and its been a long time coming, besides mining, large prime areas in Botswana are still held by colonial families through a special Freehold title deed that allows them lifetime perpetual ownership, Some are selling but majority still own the land and the land tenure continues to exist only to keep their land while the active land tenures are Tribal and State Land which both are actual leases from the Government. However Botswana suffers far less than its all neighbors when it comes to Land and Business monopolies by colonizers..
They allow them to
What can a small country with a less adavnced army do against one of the top militaries with no morals??
I just found this channel....wow amazing I've subscribed
Welcome aboard!
I hear you and it's very sad bcos even today we can feel the impact of the deal we got ourselves on . I believe that with improving the benefitian deal we can employ a lot of children who are in employed. The problem is we are very vulnerable to Western imperialism
They can easily distabilise like they did Zaire and somalia.i know we have been told that we were not colonised but we're a protectorate but it was a lie. We are colonised even today
This is very informative. Thank you.
Glad it was helpful!
The challenge with diamonds is that they are luxury goods. As such they’re very sensitive to a lot of economic factors. Some of us paid nothing from primary school to tertiary education and we have high paying jobs and can go and work anyway around the world thanks to Botswana diamonds. To benefit from diamonds, the best option is for the government to diversify. But the main challenge is that the education system there particularly STEM isn’t strong, which doesn’t help with innovation. There’s no point chasing Debeers away for the sake of looking ‘like taking control from the West’ at the detriment of the country.
Good governance made Botswana unlike a lot of African countries not the diamonds... resources are all over poor corrupt countries
So why are African men allowing the looting? Seems that giving citizenship to the Diaspora would bring in more troops, money and knowledge.
I suppose the current administration under the leadership of Dr. M. E. Masisi somehow tried to improved the benefit we get by negotiating the deal.
Concerning
18,46:Left out the Spanish(Guinea Equatorial),Belgians(Zaire/Congo Kinshasa),Italians(Somalia)..
And Italians who walked back home empty handed, spanish who were able to gain ine African country.
Protectorate means Botswana is still protected by the Bri empire ,
Mubutu Sese ! 😂😂😂😂
De beers is 15 perfect owend by the government of Botswana.
Debswana is a 50/50 joint venture between the government of Botswana and De beers.
Why is it not wholly owned by the Government of Botswana. Why is western ownership of Botswana diamonds such a necessity?
@@EasyMoney-p8k Because, we needed investors to start mining in Botswana. When De beers came to Botswana, they was no infrastructure in the country at all. They took the risk to invest
@@kabzaifyinvestment and looting that we see here are two different things..
@@samueloabilemunyari3717 We are fine in our country, show us a better example in your country.
Brah we not fine in botswana what are u talking about this people are taking our resources 😢
Let everyone control their resources, no more stealing 😢🇧🇼
On the mark
Africa must own its minerals! That cannot be negotiated like Saudi Arabian Oil Group or simply Aramco (formerly Arabian-American Oil Company), which is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. Which controls 82.19% of the oil 16% is owned by Saudi Arabia citizens and only 0.81% is owned by foreigners who assist in technical and management. This is what Africa must adopt otherwise any other deal remains a criminal treason against the current and future generations of Africa.
That's an excellent video! Yu went all the way thru to commentary on the war! I live in Botswana. Yu sure yu wasn't on Blue Peter or Playschool?
Nice article and calling a spade a spade not a hoe. Quite enlightening and made me understand the mechanics behind the curtain. Thanks.
Glad you enjoyed it
you did great
thank you boss
Bingo !
DeBeers and other former colonial companies that mines diamond are predatory and most of the diamond isn't worth the price paid for.
As mentioned the huge mark ups.
i wonder how much we would pay if Europeans ask for compensation for bringing us Enlightenment?
Meaning?👀🙊
@@lebonericardoramakgala8160 Enlightenment 😂😂😂. We were building pyramids in Egypt while Neanderthals were living in caves & chasing after rabbits in Europe.
The first university in the world was in Timbuktu. Even the likes of Pythagoras came to Africa for further education. This is the history that they don't tell you.
@@user-ns7dj1lo3reuropeans were actually eating each other
@MrGwara that university did not manage to enlighten us only the nobles in timbuktu but mass education was brought here by force
Painful to hear
Only one group of people in the world are in control of diamond
Its not 50/50. It has never been.
DeBeers controls a lot of distribution in a way Botswana is incapable of.
Harbouring US military base,bowing to the west and begging the west to come and take their elephants.
If this is the brain you use to cross the road, Then you're not safe boy. You're a danger to yourself...
what did botswana do to you?😂
@sawlty-suite5131 lol 😂 nothing to be precise.
@@Michael10794he is not lying that we are occupied militarily..
@@samueloabilemunyari3717 Wena le Rraago e seng nna papi and also every country has it's allies
Here is an article on Colonialism.
It is on going in the Philippines.
" (Primer) Retrospect: US military bases in the Philippines and the movement that expelled it "
Its not 50/50 but rather 90/10. The worth turn off
Those isolated land grabs!
Whytes people stolen everything they have
But at least we translated the Bible into your languages. And we showed you the wheel. These days the West is donating about 182 billion a year to Africa. What do you do with all that money?
@@DeontjieTake that fairytale book and shove it where the sun doesn't shine,and that aid that you uncivilized savages give to Africa is just another way of keeping us in debt.
We so peaceful that the comments are suggestive😂
Not peaceful. Rather scared. Whyte supremacy is a thing. The mere thought of upsetting the European is enough to make the typical African tremble
Tx. Copper is also stolen there by them. Been going on forever.
Respectfully you spent 20 seconds on The Acquisition of the land/mining zone from SA and the DeBSwana public private partnership entity; that history could have been more comprehensive
The video feels like it’s stuck in the past, repeating old critiques about Western exploitation that everyone already knows. It’s easy to keep hammering away at the West, but the world has changed. China is now a massive player in Africa, locking countries into debt with their heavy investments and loans. But instead of addressing this, the video sticks to outdated narratives, essentially giving us a regurgitated version of what we've all heard before.
The author needs to update himself to current realities. Ignoring the growing influence of modern superpowers like China, which many African nations now owe huge debts to, makes the argument incomplete and honestly, a bit boring. The global power structure isn't the same as it was decades ago. Stop feeding us the same tired story-dig deeper into what's happening today, or risk becoming irrelevant with the same old anti-Western rhetoric everyone knows.
The loans from China and the International Monetary Fund (IMF) to Angola differ significantly in terms of conditions and objectives. **Chinese Loans**: These are often tied to infrastructure projects and use Angola's natural resources as collateral, with interest rates averaging around 2.7%[2][3]. Chinese loans are less transparent and come with fewer explicit conditions, but they can lead to significant control over infrastructure if Angola defaults[2]. **IMF Loans**: In contrast, IMF loans come with stringent conditions aimed at fiscal transparency and economic reforms, often requiring austerity measures[1][4]. These loans are typically used as a last resort when Angola faces financial distress due to its inability to repay Chinese loans[1][4].
Citations:
[1] academic.oup.com/isagsq/article/2/4/ksac062/6843523?login=false
[2] www.cadtm.org/Part-3-Questions-Answers-on-China-Is-China-doing-what-the-World-Bank-IMF-and-US
[3] www.swp-berlin.org/publikation/mta-spotlight-25-debt-relief-in-africa
[4] link.springer.com/article/10.1007/s11127-023-01114-4
[5] en.wikipedia.org/wiki/Debt-trap_diplomacy
[6] www.elibrary.imf.org/view/journals/001/2024/037/article-A001-en.xml
[7] www.chathamhouse.org/2022/12/response-debt-distress-africa-and-role-china/02-case-studies-chinese-lending-africa
HAVE WE NO SHAME?!!