DTC Botswana board holds first meeting in Gaborone

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The board of directors of the Diamond Trading Company held its inaugural meeting in Gaborone yesterday, giving greater impetus to the establishment of the world's largest diamond sorting and valuing firm.

DTC Botswana, which is an equal partnership company with seats shared equally between the Government of Botswana and De Beers, is scheduled to start operations next year, valuing  in excess of 36 million carats per annum.

Its core business will be the sorting ,valuing, marketing  and selling of all Debswana production, which constitutes 22 percent of the world's diamond output and it is expected that by the end of the decade , over US$550 million of rough diamonds will be  sold annually for manufacturing in Botswana.

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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