Firestone holds 'milestone' inaugural tender

Firestone Diamonds recorded a milestone this week when it became the second local miner in 43 years to produce and market diamonds outside the De Beers' marketing system.

Observers have hailed the achievement as indicative of Botswana's efforts to become a global diamond-producing, processing and marketing hub.

Firestone's efforts are expected to become significantly more successful than DiamonEx's ill-fated auction of 10, 613 carats in October 2008 that sold at a fraction of the price due to the global recession.

Editor's Comment
Gov't, unions must find common ground

The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...

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