Deal done, focus shifts to hard graft at ODC
Friday, July 14, 2023 | 680 Views |
State-owned diamond trader, the Okavango Diamond Company (ODC), recently saw the weight of its responsibilities transform from independently selling a percentage of Debswana’s production, to carrying the collective aspirations of the country for greater value accretion in the global diamond industry.
Over the 11 years of its existence, the ODC has felt the troughs and crests of the diamond industry, battling through the recession of 2015, COVID-19 knock of 2020 and the exceptional rebound of 2021 and 2022. The impact on the ODC of the diamond market’s fluctuations, have increased proportionate to its growing Debswana allocation, a situation American hip-hop culture colourfully summarises as “more money, more problems”.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...