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
Shame on BotswanaPost, like-minded employers

Just recently, the Manual Workers Union successfully interdicted BotswanaPost from implementing new terms and conditions of employment for its members without the union’s knowledge.The union then took the BotswanaPost to court seeking to stop the postal parastatal from implementing terms and conditions of the workers who fall under their membership without being involved on their behalf.In his ruling, Justice Isaac Bahuma of the Gaborone...

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