New diamond cutting firm opens shop

Mokaila with the De Beers and KGK officials at the launch of the diamond company
Mokaila with the De Beers and KGK officials at the launch of the diamond company

Indian diamond cutting and polishing firm, KGK Diamonds officially opened shop in Gaborone last week, marking a refreshing shot in the arm for an industry bruised by the ongoing turmoil in the international commodities markets.

With a staff compliment of 90, KGK will cut and polish diamonds worth an average $1.5 million every month.

Officially opening KGK’s factory, which is situated at Gaborone’s Diamond Technology Park, the Minister of Minerals, Energy and Water Resources, Kitso Mokaila said the opening of the factory bears testimony of the strong long-term fundamentals of the diamond industry.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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