Okavango Diamond Company sales jump 80%
Friday, February 03, 2017
Bullish: ter Haar
The increase signals a significant recovery in the market after sales for the state-owned rough diamond marketing company fell 45% in 2015.
ODC deputy managing director, Marcus ter Haar told BusinessWeek that overall volumes also rose by 115% to 3.44 million carats after accounting for various post sale adjustments through the year.
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...