New diamond cutting firm opens shop

Mokaila with the De Beers and KGK officials at the launch of the diamond company
Mokaila with the De Beers and KGK officials at the launch of the diamond company

Indian diamond cutting and polishing firm, KGK Diamonds officially opened shop in Gaborone last week, marking a refreshing shot in the arm for an industry bruised by the ongoing turmoil in the international commodities markets.

With a staff compliment of 90, KGK will cut and polish diamonds worth an average $1.5 million every month.

Officially opening KGK’s factory, which is situated at Gaborone’s Diamond Technology Park, the Minister of Minerals, Energy and Water Resources, Kitso Mokaila said the opening of the factory bears testimony of the strong long-term fundamentals of the diamond industry.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

Have a Story? Send Us a tip
arrow up