De Beers suspends online auctions as sales sink deeper
Friday, October 13, 2023 | 520 Views |
Tricky times: Diamonds prices and sales are down by double digits this year PIC: AFRICANIAN.COM
De Beers sells 90% of its production by value to an exclusive list of contract buyers known as sightholders, who are offered stones at 10 sales events or 'sights' held in Gaborone each year.
The balance is sold via auction to more than 900 registered buyers.
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...