Suashish closes jewellery plant

The global diamond and diamond jewellery manufacturing and exporting company opened the plant eight months ago to become the second Diamond Trading Company Botswana (DTCB) sightholder, after Shrenuj Botswana, to further beneficiate the precious stones locally.

In an interview with Business Week, Diamond Hub coordinator Jacob Thamage, confirmed the closure of the plant whose establishment last year was the hallmark of diamond downstream beneficiation, employing forty people.