DTC Botswana sales improves, but still far from normal

The week-long sale of unpolished diamonds in November and December (Sight 9 and 10) are traditionally expected to be smaller than others but those Sights exactly a year ago, left Diamond Trading Company (DTC) Botswana shell shocked when they were left holding almost all the parcels they had before the start of the sale.

At the time, De Beers and its associate companies had on many occasions before that fateful November, assured Botswana and the world that the diamond industry would pass the downturn unscathed because demand was outstripping supply at that time.