mmegi

The missing step to the downstream diamond dream

Pressing on: Masisi has made his goals for the country’s diamonds very clear PIC: MORERI SEJAKGOMO
Pressing on: Masisi has made his goals for the country’s diamonds very clear PIC: MORERI SEJAKGOMO

The global diamond jewellery industry generated values of about $85 billion in 2021, dwarfing the $15 billion shared by the various countries that actually dig for the shiny stones. As the debate continues on how Botswana can get a foothold in the downstream riches, a 150-year French school may hold some of the answers. Staff Writer, MBONGENI MGUNI reports

“I was in Paris, looking at Louis Vuitton’s holding company with its leader.

“That company exceeds De Beers by 100 and it exceeds Anglo America five times, in terms of size. It’s huge.

Editor's Comment
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

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