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New De Beers’ CEO plans downstream partnership with Botswana

New broom: Cook during his meeting with local media last week PIC: MBONGENI MGUNI
New broom: Cook during his meeting with local media last week PIC: MBONGENI MGUNI

De Beers’ new CEO, Al Cook, believes room exists for the diamond giant and Botswana to leverage on their brands and jointly pursue opportunities in the jewellery retail market, the much-desired Promised Land government is pushing for a foothold in. Staff Writer, MBONGENI MGUNI reports

Sharing his list of priorities as the new CEO in his first meeting with local media recently, Al Cook spoke about a plan he said Batswana would “be hearing a lot more about”.

“It is about how we expand along the value chain towards retail, towards the point where someone puts a beautiful piece of jewellery on their finger or bracelet or necklace,” he said.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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