A horror year for diamonds

Mmegi Photojournalist MORERI SEJAKGOMO holding a diamond during a tour at DTCB
Mmegi Photojournalist MORERI SEJAKGOMO holding a diamond during a tour at DTCB

A global diamond price slump is the hallmark for this year’s rough diamond sales with the precious stone market having suffered successive market blows throughout 2023.

The first jab at the diamond market landed when the largest economy in the world, the United States of America (USA) wobbled and since then it has been a gloomy road for diamond sales.

De Beers, the world’s largest diamond producer by value, reached a three-year low in sales in November netting a provisional $80 million, the lowest amount since April 2020 when demand and prices crashed due to COVID-19.


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This period, running from May 20 to 31 2024, is crucial for those who have not yet registered to vote. This announcement comes in response to a significant shortfall in registered voters following the recent registration period. As it stands, only 62% of the target number of voters registered, leaving a considerable gap.With Botswana's general elections scheduled for October, every eligible citizen needs to register and exercise their...

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