Suashish closes jewellery plant

Friday, July 20, 2012

*Fate of workers still unclear
Suashish has mothballed its diamond jewellery manufacturing plant in Botswana, less than a year after starting operations, citing unattainable raw material costs.

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Ramoreboli exits Zebras hours after squad announcement

Larona Makhaiza | 1d ago

South Korean killer’s mitigation fails, sent to death row

Pini Bothoko | 23 h ago

Teen pregnancies raise Tlokweng alarm

Tsaone Basimanebotlhe | 23 h ago

Rising abortion figures demand urgent action

The Monitor Editor | 1d ago

Alex Forbes calls for beneficiary protection awareness

Pauline Dikuelo | 1d ago

Stanbic flags strong profit recovery

Lewanika Timothy | 1d ago

NDB embeds sustainability into its operations

staff writer | 1d ago

Sky Clouds aligns UB Hotel salaries with P4,000 minimum wage

Correspondent | 18 h ago

Rising abortion figures demand urgent action

Instead, they should serve as a warning to health authorities, community leaders, and policymakers that something is not right. According to the Palapye District Development Committee’s latest report, 130 abortion cases were recorded between April and June 2026.On the face of it, the overall figure may represent a decline from the preceding quarter. However, going deeper into the figures, the monthly trend tells a different and more worrying...

The Monitor Editor | 08 September 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Suashish closes jewellery plant

*Fate of workers still unclear
Suashish has mothballed its diamond jewellery manufacturing plant in Botswana, less than a year after starting operations, citing unattainable raw material costs.

Explore

More

Ramoreboli exits Zebras hours after squad announcement

South Korean killer’s mitigation fails, sent to death row

Teen pregnancies raise Tlokweng alarm

Rising abortion figures demand urgent action

Alex Forbes calls for beneficiary protection awareness

Stanbic flags strong profit recovery

NDB embeds sustainability into its operations

Sky Clouds aligns UB Hotel salaries with P4,000 minimum wage

Rising abortion figures demand urgent action

Explore

More

Suashish closes jewellery plant

*Fate of workers still unclearSuashish has mothballed its diamond jewellery manufacturing plant in Botswana, less than a year after starting operations, citing unattainable raw material costs.

*Fate of workers still unclear
Suashish has mothballed its diamond jewellery manufacturing plant in Botswana, less than a year after starting operations, citing unattainable raw material costs.