Shrenuj engages De Beers over sight suspension

Looking to bounce back: Over 300 workers were recently retrenched by Shrenuj
Looking to bounce back: Over 300 workers were recently retrenched by Shrenuj

Diamond cutting and polishing firm, Shrenuj says it is in talks with De Beers to lift the suspension of its allocation (sight) with an aim to resume normal operations in Botswana next year.

The company has frozen local operations after its business was affected by headwinds at its head office in India, which resulted in De Beers suspending its international and local allocation of diamonds.

In Botswana, Shrenuj scaled down operations and terminated employment for all its 340 workers at its cutting and polishing as well as its jewellery factories.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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