April 1st, 2018
Ian Khama, a former army general who’s led Botswana for the past decade, will step down on Sunday, leaving his deputy Mokgweetsi Masisi in charge of the world’s second-biggest diamond producer until next year’s elections, Bloomberg reported.
While Masisi, 55, will inherit one of Africa’s wealthiest and best-governed nations, he’ll still have his hands full reducing the economy’s dependence on diamonds, creating jobs for the almost one in five workers who are unemployed and wooing more foreign investment. Aside from gems the country has little other than tourism to generate foreign exchange. the Bloomberg report said.
“A safe pair of hands” is how economist Keith Jefferis, a former deputy central bank governor, describes Masisi, according to the Bloomberg report.
December 28th, 2018
Lab grown threatening natural gems?
December 19th, 2018
De Beers sells $540 mn in December vs $455 mn December 2017
December 3rd, 2018
Sotheby's to auction man-made diamond
November 21st, 2018
De Beers reports lower sales in November
November 16th, 2018
Pink diamond sells for $50 mn at Christie's
November 6th, 2018
Israeli police seeking to question Leviev over diamond smuggling, media report