Government’s desire for greater participation in the diamond industry’s downstream, traces its origins, in part, to the little known sabotage of the Lesedi la Rona auction in 2016, where the iconic stone fetched far below its potential. A silent vow of “never again,” was made, reports Staff Writer, MBONGENI MGUNI
On 27 March, HB Antwerp officially opened the doors of HB Botswana, the company’s first branch outside Antwerp. During the inauguration ceremony, H.E. Dr. Mokgweetsi E.K. Masisi, President of Botswana, announced a strategic partnership between the Government of Botswana and HB Antwerp whereby the Government will invest in HB by acquiring a 24% equity stake in HB Antwerp.
Botswana launched HB Botswana's diamond cutting and polishing factory Monday in Gaborone, the capital of Botswana. The factory, located at the Diamond Technology Park, is in cooperation with HB Antwerp, a diamond company based in Belgium that specializes in technology-driven diamond sourcing, analysis, and cutting. During the official opening ceremony,…
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