�Barclays will not change its credit underwriting standards�
Friday, July 29, 2016
Just before the signing ceremony, Kgotso Bannalothe answered some of Diamond Intelligence Briefs’ questions
Question: While for a variety of reasons several international banks are either exiting or reducing their exposure to the diamond midstream financing sector, Barclays has decided to step up its profile in one of the industry’s most problematic places from a manufacturing perspective, the Botswana beneficiation scene. Beneficiation has not yet found a sustainable model. So why are you intensifying your involvement at this particular time?
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...