Luanda Accord: Bold new step for natural diamonds
Friday, June 27, 2025 | 590 Views |
Done deal: Minerals and Energy minister, Bogolo Kenewendo, joined other diamond industry players for the landmark agreement in Luanda, Angola
The natural diamond industry is mounting the largest marketing campaign in more than a decade.
Last year the industry agreed to reignite “category marketing” which involves diamond producers, retail jewellers and countries, linking up to promote natural diamonds. Natural diamond industry leaders acknowledge that over the decades, individual companies instead prioritised marketing their specific brands or products, a focus that left the industry open to synthetics and other non-diamond jewellery.
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...