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Botswana to benefit from Russia diamond ban

Monday, January 15, 2024 | 1870 Views |

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

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Botswana to benefit from Russia diamond ban

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.

Human rights are sacred

Bakgatla Ba Kgafela celebrate as Kgosi Kgafela’s charges are dropped

First Lady's office hosts second annual thanks giving ceremony

PSLE performance on upward trend

Bona Life tee-off Maruapula Loxion Golf journey

Cops arrest young man, seize dagga in Metsimotlhabe

Second Mogoditshane rape attack in two weeks

Suspected suicide behind Sir Seretse Khama Barracks

Human rights are sacred