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.

BCP faces leadership contest questions

Tsaone Basimanebotlhe | 2d ago

BCP warns members against premature campaigning

Tsaone Basimanebotlhe | 2d ago

BPF in letters ‘soap opera’

Spira Tlhankane | 2d ago

Botswana’s envoy to China targets billion-Pula investment drive

Lewanika Timothy | 2d ago

Speaker declines to intervene in BPF disputes

Tsaone Basimanebotlhe | 2d ago

UDC unity claims face scrutiny

Tsaone Basimanebotlhe | 2d ago

Gov’t negotiates P15bn in loans from banks

Mbongeni Mguni | 2d ago

Civil imprisonment detainees gobble P17m from public coffers

Goitsemodimo Kaelo | 2d ago

Use social media to build, not destro

It is a warning flare to every Motswana who logs onto social media. As a country, we have reached a point where the line between robust debate and outright destruction has become dangerously blurred. At face value, Mabeo’s response, which seeks an apology and threat of a defamation suit, might seem severe to some. But we cannot ignore the context. The comment in question did not offer a policy critique or question a political decision.It...

The Monitor Editor | 24 March 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.

Explore

More

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.

BCP faces leadership contest questions

BCP warns members against premature campaigning

BPF in letters ‘soap opera’

Botswana’s envoy to China targets billion-Pula investment drive

Speaker declines to intervene in BPF disputes

UDC unity claims face scrutiny

Gov’t negotiates P15bn in loans from banks

Civil imprisonment detainees gobble P17m from public coffers

Use social media to build, not destro

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.