The missing step to the downstream diamond dream

Wednesday, April 26, 2023 | 1200 Views |

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

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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.

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