Sightholders skeptical about move to Gaborone

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October marked "the end of an era" at De Beers, as it closed the book on 80 years of holding its sights in London. And now, we turn the page to a new era: November brings the first allocation held at De Beers’ new sorting center in Gaborone, Botswana.

This move affects three groups: The people of Botswana, who hope to benefit from the increased activity there; employees of what used to be known as the Diamond Trading Co., some of whom have elected not to move to Africa (with De Beers vice president Varda Shine’s already resigned); and the company’s clients, who have to attend the sights 10 times a year.

And speaking with the latter group, reactions to the move ranged from nonchalant to strongly negative. 

Editor's Comment
Women unite for progress

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