Botswana to benefit from Russia diamond ban

Diamonds PIC: MORERI SEJAKGOMO
Diamonds PIC: MORERI SEJAKGOMO

Following decisions by the Group of seven (G7) countries to ban the entry of Russia sourced diamonds into their countries, international diamond traders predict that it may uptick demand for Botswana diamonds in successive quarters.

This week during a visit to the De Beers, Gina Drosos CEO of Signet Jewelers, an international jewelry trader said that she is hopeful that once the ban is fully instituted will direct the markets eyes to Botswana hopefully sparking up demand for the countries rough diamonds.

“We are one of the companies intentional about the ban of Russia diamonds and we think that it will open pockets of opportunity for Botswana diamonds in the market” she said


Editor's Comment
Our queen: Bring home the crown

Well-wishers gathered at the Sir Seretse Khama International Airport to bid our queen farewell and wish her success as she joins other beauties from around the globe for the coveted crown. Competing in such events is nerve-wracking, and one needs to be fully prepared to stand a chance of making it as a finalist.It is not just about physical fitness; mental state matters too. Unfortunately, sometimes our queens end up facing such fierce...

Have a Story? Send Us a tip
arrow up