Economy stares into the abyss

Besides the risk to workers, Mmegi is informed that suspension of some operations for Debswana could also be because buyers for its stones are unable to enter the country due to an 18-country travel ban imposed as part of measures to limit the deadly coronavirus.

De Beers, the global diamond empire responsible for marketing Debswana’s production, held a video conference with government this week to find ways of continuing its rough diamond auctions in the face of the travel ban.