Diamond Trading Co. (Botswana)

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Gaborone, Botswana

Diamond Trading Company Botswana (DTCB) is a 50/50 Joint Venture partnership between the Government of Botswana and De Beers. It is the world's largest and most sophisticated diamond sorting and valuing operation. DTCB sorts and values Debswana's production from Jwaneng, Orapa, Letlhakane and Damtshaa mines. In addition to sorting and valuing, DTCB has a Sales and Marketing function which is responsible for local sales of aggregated diamonds.

Aggregation refers to a process of blending together and preparation for sale of diamonds from various producer countries. This process guarantees our clients of a consistent supply of their desired diamonds as well as generate more value and benefits to the country.

Currently, DTCB sells and markets rough diamonds to 16 cutting and polishing companies that have been licenced by the Government of Botswana to carry out cutting and polishing activities. Diamond Trading Company Botswana aims to facilitate, drive and support the creation of a vibrant, sustainable and profitable downstream diamond industry in Botswana that will deliver additional value for Botswana's diamonds.

With further development of the Botswana downstream diamond industry, more Batswana will benefit from employment opportunities created in the industry. This shows a rapid expansion of the local downstream diamond industry.

The downstream activities will add value to the local diamond industry through cutting & polishing of diamonds and ultimately manufacturing of jewellery which will develop core competencies for adding higher value. The establishment of DTCB also acts as a potential catalyst for the development of new ancillary business sectors such as banking; security; information technology; and tourism; and for other international businesses to invest in Botswana.

The ancillary activities will also stimulate the economic activities with further creation of jobs, increased consumer spending power, additional revenues for the country and the transfer of technology and skills.

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