Diamond deal sets off scramble for partnerships

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Government is inundated with unsolicited overtures from international diamond brokerage and consulting firms seeking partnerships for the trading and marketing of diamonds unlocked by the recent agreement with De Beers of a 10 percent independent verification window, sources on Government Enclave have revealed.

However, reliable sources say the bustle will amount to making much ado for nothing because the government is not looking for partnerships. Only a CEO and other top flight managers will be needed for the envisaged rough diamond trading state company.  

Under the 10-year deal signed in September, the Government of Botswana will buy 10 percent of Debswana production, estimated at 25 million carats this year, and sell it independently through open tenders outside the traditional DTC framework.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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