Diamond News
Botswana: next diamond capital of the world? In a secure facility on the edge of Gaborone, protected...
World Diamond NewsBotswana: next diamond capital of the world?
In a secure facility on the edge of Gaborone, protected by towering walls and rifle-toting guards, an international team of experts sift through thousands of rough diamonds from the rich seams of Botswana. Just minutes away, amid the constant hum of machinery, dozens of Indian and African workers toil side by side, cutting and polishing the precious stones for sale on the international market.
In past decades, the raw, uncut diamonds would have been immediately whisked to Botswana’s airstrips and flown to the diamond centres of Europe for processing. Today, policymakers say that the polishing facility of India’s KGK Diamonds and the sorting and sales operations of the Diamond Trading Company – repatriated from London amid great fanfare – are evidence that
the country is finally adding value to its exports.
http://bit.ly/2ixwC6s
#diamond #capital #botswana #africa #luxury
In a secure facility on the edge of Gaborone, protected by towering walls and rifle-toting guards, an international team of experts sift through thousands of rough diamonds from the rich seams of Botswana. Just minutes away, amid the constant hum of machinery, dozens of Indian and African workers toil side by side, cutting and polishing the precious stones for sale on the international market.
In past decades, the raw, uncut diamonds would have been immediately whisked to Botswana’s airstrips and flown to the diamond centres of Europe for processing. Today, policymakers say that the polishing facility of India’s KGK Diamonds and the sorting and sales operations of the Diamond Trading Company – repatriated from London amid great fanfare – are evidence that
the country is finally adding value to its exports.
http://bit.ly/2ixwC6s
#diamond #capital #botswana #africa #luxury
