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Citizen firm participates in ODC’s first exclusive tender

Monday, October 30, 2023 | 370 Views |

About 10 citizen companies participated in the Okavango Diamond Company’s (ODC) first exclusive tender to buy rough diamonds, BusinessMonitor has established.

ODC Managing Director, Mmetla Masire, said the number at the recent auction was impressive as this was the first exclusive offer for citizens, despite the fact that no company managed to buy goods during the auction.

“Local participation was sufficient because we have to start somewhere,” Masire told BusinessMonitor. “These discussions of locals participating have been on the cards for quite some time and a lot of people were sceptical.

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