Business

De Beers Sales Rise Amid Market Recovery

Tuesday, May 02, 2017
Rough diamonds
Rough diamonds

De Beers’ rough-diamond sales and production grew in the first quarter, signaling upbeat sentiment in the manufacturing sector.

Sales volume jumped 74% to 14.1 million carats, reflecting improved rough demand, the company said Monday.

The number of sights — contract sales events — also impacted the result, as there were three this quarter compared with two during the same period last year, De Beers explained.

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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...

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