Mmegi

Lab groans: Synthetics’ price collapse offers hope for naturals

Friday, February 16, 2024 | 1120 Views |

Real deal: Natural diamonds appear to be slowly recovering from their slump last year PIC MORERI SEJAKGOMO

In January lab-grown diamond producers saw their revenues dip for the first time since their creations exploded onto the scene a few years ago. Sales are still strong, but cynics say collapsing prices confirm that the lab-growns are ‘shiny trinkets’ far removed from the real deal. Staff Writer, MBONGENI MGUNI, reports

Too much of a good thing? Or from the perspective of some natural diamond producers, good riddance to bad rubbish?

The latest data coming out of the retail jewellery sector indicates that lab-grown diamonds are facing their moment of truth, a crash in prices so deep that their even soaring sales are unable to prevent a squeeze on revenue.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Diamonds

Gov't moves to close tax gaps

Staff Writer | 1d ago

Chief judge promises fairness at tomorrow's Miss Botswana finale

Larona Makhaiza | 1d ago

High pressure mounts on fuel prices

Mbongeni Mguni | 1d ago

We respect AFCON final decision – Babitseng

Mqondisi Dube | 1d ago

Court blow rocks BPF leadership

Tsaone Basimanebotlhe | 1d ago

BPF moves to rebuild unity-Lucas

Tsaone Basimanebotlhe | 1d ago

‘Reatile, Ookeditse deal was gentleman’s agreement’

Tsaone Basimanebotlhe | 1d ago

Branch fires early warning shot as Portugal fuels title push

Kabelo Boranabi | 1d ago

A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

The Monitor Editor | 17 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

Lab groans: Synthetics’ price collapse offers hope for naturals

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...