De Beers sees India, SE Asia as future demand drivers
Friday, August 15, 2025 | 220 Views |
Shining stars: Botswana plays an increasingly important role in diamond cutting and polishing PIC: MORERI SEJAKGOMO
De Beers, the company most responsible for the value assigned to natural diamonds and boasting the most diamond discoveries ever on Earth, has become almost preternaturally adept at forecasting where demand for the stones will come from in the future.
In fact, its very existence is based on being able to look into the future, spot trends around demographics, geology, tastes and biases well in advance, then attune itself well in advance to meet the opportunity.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...