DiamonEx de-listed from BSE

The Botswana Stock Exchange (BSE) has de-listed DiamonEx Limited, close to 24 months after the Australian company requested suspension of its counter on the local bourse.

DiamonEx, which operated Lerala Diamond Mine prior to its suspension early last year, ran into a financial gridlock following the collapse of diamond prices in the last quarter of 2008.

The diamond price collapse coincided with Lerala's first production from which DiamonEx directors were expecting to begin recouping their investment and settling creditors.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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