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
Happy Independence Day!

Independence Day holds immense significance for Batswana as a whole. It offers a moment for reflection and celebration of the country's achievements, while also prompting introspection.We must honestly assess whether the number of years of independence aligns with the progress we have made. While there is certainly much to celebrate, there are also pressing issues that require the attention of relevant stakeholders. Many Batswana are facing...

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