China to drive diamond industry growth

Sales of diamond jewellery to Chinese consumers were the fastest growing in the world over the last decade, with a compound annual growth rate of 21 percent from 2003 to 2013.

According to the Diamond Insight Report released by De Beers this week, the USA is still the largest buyer of diamonds but the Chinese market is experiencing phenomenal growth.

As a result of the growth, the share of polished diamonds sold in jewellery to Chinese consumers grew from barely three percent in 2003 to just over 13 percent of global demand in 2013.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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