Safdico sees Botswana as world's next international diamond centre

Moses has a distinguished career in banking. PIC: MORERI SEJAKGOMO
Moses has a distinguished career in banking. PIC: MORERI SEJAKGOMO

Ten years after developing the Diamond Technology Park (DTP), a world class infrastructure that consolidated the diamond industry in a secure location and a key platform that would turn out to be the bedrock of Botswana’s fledging diamond trading, cutting and polishing activities, Safdico Botswana sees the next decade as the period the country can innovate and diversify services to transform itself into a true international diamond centre matching the likes of India, Dubai, Antwerp and Israel.

In this tete a tete, Safdico International Resident Director, Rutang Moses recaps to BusinessWeek the successes and challenges encountered since the launch of the DTP in 2009 and expounds on the company’s plans to become a key catalyst of the next growth phase of the diamond industry downstream activities.

BusinessWeek: Please take us through how the idea of developing DTP was conceived?

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

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