Inside the fightback by natural diamonds
Friday, December 13, 2024 | 140 Views |
In the mix: Botswana is joining other partners for industry-marketing that will revive demand for natural diamonds PIC MORERI SEJAKGOMO
In the diamond world, traditionally, each player in the pipeline focuses on their core strengths. Producers such as Botswana focus on how they can extract diamonds most efficiently, while also taking care to bring these natural rarities from deep in the Earth up to the surface without breaking or fragmenting them and their value.
The midstream focuses on cutting and polishing these stones, shaping them into their best possible condition and enhancing their famous four Cs – Cut, Colour, Clarity and Carat. Retailers focus on creating breath-taking designs and developing the dazzling market strategies that wow consumers.
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...