Seretse Khama Ian Khama, President of Botswana says that there has been a notable increase in diamond demand since April 2009. However, he says that this increase has been uneven so far, with improvement in the sales of the middle range gems, while the large and small ranges have remained sluggish.
Khama says that the country’s diamond production is now running at about 80% capacity, while profitability remains below pre-recession levels, adding that this situation may persist in the coming year.
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