Thursday, September 24, 2020

BDMA calls Town Hall meeting on opportunities of Botswana as diamond centre

The Upcoming PITSO, which is being hosted by the Botswana Diamond Manufacturers Association, in collaboration with the Ministry of Minerals, Energy and Water Resources, under the theme: Botswana an Emerging Diamond Centre ÔÇô Opportunities and Diversification, is the right platform from which stakeholders can enhance citizen participation in the diamond sector.

“There is a need to reinforce the context of Botswana within the global diamond industry, that is where we stand, what our competitors are doing, and how to remain at the forefront of the change,” said BDMA.

BDMA is creating a platform for citizens to know about opportunities around the DTC’s relocation; and the promotion of Public, Private Partnership business model in the downstream demand industry; and how they can benefit from this development.

The challenge with this industry is that it is a capital intensive industry, therefore, the entry by citizens proves very difficult hence this platform to discuss how Batswana can be assisted in terms of training, research and finance.

“These opportunities include employment, capacity building in new technology and we encourage the development of secondary businesses around the cutting and polishing industries and to name but a few light engineering, supply chains, training skills development etc., hoped stakeholders would brainstorm on building competencies within young Batswana around diamonds, including mapping out clear career pathways for the diamond sector,” says BDMA. “For us to reach full potential, we must work together to ensure economic growth, through the provision of direct and indirect employment opportunities, equally in terms of other spill ÔÇô over effects such as technology transfer.”

These are some of the issues which are to be discussed and it is hoped that the way forward will be agreed upon as there is a need to reinforce the context of Botswana within global diamond industry, “where we stand, what our competitors are doing, and how to remain at the forefront of the change”.

The Minerals Minister, Ponatshego Kedikilwe, DTC CEO, Varda Shine and BDMA chairman, Mervin Lifshitz, are among diamond industry movers and shakers due at the Town Hall meeting.
The meeting will take place on 21st June, 2012 at the GICC in Gaborone, Botswana.

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