Carnage in diamond cutting industry
Friday, August 07, 2015
According to information reaching BusinessWeek, another local cutting and polishing company, Diacore has retrenched 50 employees taking the total number of affected workers in the industry to around 1,000 in the past year.
At its peak, the industry employed about 3,700 workers. Companies that have recently retrenched include Moti Ganz (100), Leo Schachter (100), Eurostar (100), Shrenuj (90) Safdico (30), Zebra (50), Dalumni, Tiffany’s (50) while Teemane (400) and DMB closed shop. Diacore diamond polishing company, which has been operating in Botswana for seven years, employed about 130 people before trimming down the workforce to 80 employees.
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...