DTCB closes in on first non-Debswana deal

Friday, July 14, 2023 | 1060 Views |

Out of the box: Serumola says the DTCB has the workforce skills and technology to compete

The Diamond Trading Company Botswana (DTCB), an entity equally owned by De Beers and government, is close to clinching a deal to sort and value diamonds from a non-Debswana diamond producer, a landmark development that will help boost its capacity utilisation.

Established in 2006, DTCB has been limited to only sorting and valuing stones from Debswana, before selling these to De Beers and the state-owned Okavango Diamond Company.

In the years since its establishment, DTCB’s operating position has tightened due to the fact that while its state-of-the-art plant is built to process 45 million carats per annum, Debswana’s production has averaged well below 30 million carats since 2008, in line with a policy where the mines produce only to match demand.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

State wants protection for magistrate’s victims

Larona Makhaiza | 22 h ago

Quali-Med Laboratories unveils new dawn in healthcare

Kabelo Boranabi | 1d ago

Hosanna show showcases gospel potential

Tsaone Basimanebotlhe | 1d ago

Shaba Stele in near-quit breakthrough

Johannes Kambai | 1d ago

New season catches hat-trick fever

Kabelo Boranabi | 1d ago

GU chase first three-peat in seven years

Kabelo Boranabi | 1d ago

BAUSA mobilises diaspora for development

Tsaone Basimanebotlhe | 1d ago

BERA warns on electricity licensing

staff writer | 1d ago

Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

The Monitor Editor | 27 October 2026

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.

DTCB closes in on first non-Debswana deal

The Diamond Trading Company Botswana (DTCB), an entity equally owned by De Beers and government, is close to clinching a deal to sort and value diamonds from a non-Debswana diamond producer, a landmark development that will help boost its capacity utilisation.

Explore

More

State wants protection for magistrate’s victims

Quali-Med Laboratories unveils new dawn in healthcare

Hosanna show showcases gospel potential

Shaba Stele in near-quit breakthrough

New season catches hat-trick fever

GU chase first three-peat in seven years

BAUSA mobilises diaspora for development

BERA warns on electricity licensing

Gov't must guard against cadre deployment