Mmegi

A surprise sparkle for diamonds

Blue-blooded: Lucara’s latest find is creating waves in the diamond industry
Blue-blooded: Lucara’s latest find is creating waves in the diamond industry

Lucara, the company renowned for record-breaking diamond discoveries, unveiled its latest stunner this week, the second largest blue unearthed in Botswana. The stone’s rarity, beauty and ethical origins underline the value gap from the synthetics, officials say. MBONGENI MGUNI reports

As the 36.92 carat blue diamond made its tour of the Office of the President on Wednesday with security officials scurrying about and cameras flashing, an onlooker had a poignant observation.

“Would a synthetic no matter its size, colour or shape, produce the same excitement and fuss,” she said. “Would the Office of the President in any country stop what they’re doing to see the latest synthetic?”

Editor's Comment
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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