Diamond cutters will ride the wave � Thamage

Thamage
Thamage

Botswana Diamond Hub coordinator, Jacob Thamage, has expressed optimism that the diamond-cutting industry, which is currently experiencing liquidity and profitability pressures, will emerge stronger.

Speaking to Mmegi Business, Thamage said the pressures that local diamond cutters found themselves under, were not specific to Botswana, but were what currently prevails in the global diamond-manufacturing sector.

“While we are in discussions with some of the players in Botswana to find solutions, perhaps some solutions have to come from the global industry. Indeed the industry is concerned as evidenced by some rough diamonds producers recently lowering prices,” he said.

Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

Have a Story? Send Us a tip
arrow up