Synthetic Diamonds

Diamonds have been central to Botswana’s economic growth, but recent challenges necessitate diversification and strategic planning.

De Beers reports a decline in diamond sales as it navigates market challenges and strategic changes in ownership.

De Beers discontinues its lab-grown diamond brand, Lightbox, shifting focus back to natural diamonds amid corporate changes and market pressures.

President Mokgweetsi Masisi of Botswana counters the economic threats posed by synthetic diamonds with a $6 billion diamond mine project.