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
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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