Of DTC Botswana, sightholders and 'diamantaires'

The diamond cutting and polishing companies planning to set up in Botswana are family-run businesses owned by the world's top billionaires, Staff Writer, WANETSHA MOSINYI has found out.

The highlight of this year's economic landscape will be the launch of the highly anticipated Diamond Trading Company (DTC) Botswana. 

Subsequently, sightholders are setting up shop to be ready for the $360 million rough diamonds they will get from DTC Botswana.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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