BOTSWANA’S president has set an end-of-October deadline to secure majority control of De Beers, as the diamond-dependent nation seeks greater influence over global gem markets amid a prolonged industry downturn, said Bloomberg News. Botswana currently owns the remaining 15% of De Beers. “It’s a matter of economic sovereignty for Botswana.”The acquisition push comes as Botswana grapples with severe economic pressures caused by plummeting diamond sales. Boko said securing control would enable Botswana to better promote natural diamonds over synthetic alternatives and influence international supply chains. The president is also pursuing discussions with US Commerce Secretary Howard Lutnick regarding potential tariff removals on diamond imports.