ODC April auction fetches P620m

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The Okavango Diamond Company (ODC) recently held April auction fetched about P620 million as the fledging company’s second trading season gathers momentum.

ODC sells diamonds via 10 online spot auctions per year, having launched commercial sales in October. According to figures made available by ODC this week, the April sale, the third of the year, sold a total 355,688.71 carats for a sale value of  $70,4 million (P620 million).

Editor's Comment
Has life become worthless?

As many wondered what wrong the young boy could have done to end up killed, it emerged that his own cousin was a suspect in the murder after he claimed P50,000 from Botswana Life. Thato Tsametse, who was last week sentenced to death for the murder of his cousin, had reportedly taken out two Mmoloki Funeral Covers valued at P25,000 each.Over the years, the media has been covering the murder case, and some revelation has come up that certain...

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