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Although the decline in rough prices has brought some relief, the rough diamond sector is still suffering from many problems. Some of them, such as profitability, are old and others, such as claims of inconsistency in Diamond Trading Company (DTC) assortments, are new.
Does the DTC move to Botswana, the launch of the government’s own sights and a burgeoning polishing industry ensure long-term economic stability for the country? Botswana, along with its diamond-dependent economy, finds itself on the brink. After years of planning and negotiations, Botswana’s capital city of Gaborone is about to assume the position of the […]
Diamond rich and politically stable, Botswana looks to the future. When the London sights move to Gaborone, the capital city of Botswana, by the end of 2013, sightholders will find themselves close to the diamond mines that are at the heart of their business. Botswana is a unique African nation with dramatic and beautiful wildlife, […]
