Diamond talks should not undermine DTCB - De Beers

Wednesday, February 10, 2010

Botswana will not necessarily derive better value from its diamond by breaking the Diamond Trading Company Botswana (DTCB) monopoly when negotiations resume for a new diamond sales agreement.

The existing sales agreement which compels Debswana to sell all of its produce through the DTC, expires in December and negotiations are due to start in a few months.

Speaking to Mmegi in Gaborone yesterday, De Beers group executive director in charge of marketing, communications and the Forevermark Stephen Lussier said the negotiations should be about "how we are going to get the maximum value out of the Debswana diamonds".

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The star of the night, MC Maswe entertaining the crowd PIC: LESEDI MKHUTSHWA

Jonny Mokhali, Cultures Spears deliver but......

Lesedi Mkhutshwa | 14 h ago

Taste pie'd piper

Michelle Phetlhe | 14 h ago

BCP women urged to increase quota

Tsaone Basimanebotlhe | 14 h ago

Solly Moholo pays tribute to Limpopo crash victims

Otlarongwa Kgweetsi | 14 h ago

Barolong Seboni launches Nitty Gritty book

Nnasaretha Kgamanyane | 14 h ago

Ngwao Snacks takes nibbling back to the roots

Otlarongwa Kgweetsi | 14 h ago

Masisi unveils investment process accelerator

Lewanika Timothy | 14 h ago

Botswana, Uganda foster collaboration in animal production

Kabelo Boranabi | 14 h ago

Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More