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Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

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The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

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23 august 2021

Botswana mulls niche jewellery industry

15 june 2009

Botswana, which is regarded as the world’s leading diamond producer by value says it will develop a niche jewellery industry, as it intensifies the drive to add value to its rough diamonds.
The head of the country’s Diamond Hub, Dr Akolang Russia Tombale told Rough&Polished on the sidelines of a two day Botswana Resources Sector Conference, in Gaborone that the government would capacitate the only existing, small jewellery plant in the country to advance this initiative.
“We believe with the rightful skills we can develop a niche jewellery industry, but the idea is still on the building blocks, there is need to do market research, we need to find out what are the needs of our targeted market, level of jewelleries, in terms of cost that you can focus on,” he said.
He said the primary target for the jewelleries that would have an African flavour would be middle income earners across the continent, as well as African Americans in the US.
Tombale said Botswana intended to kick-start the project in three years time. 
Botswana’s diamond production fell by 3.6 percent in 2008 as production was 32.6 million carats, compared with 33.8 million carats the previous year. 
Total sales by volume decreased by 17 percent to an estimated 28.9 million carats.

Mathew Nyaungwa, Rough&Polished from Botswana