‘DTCB HAS CONTRIBUTED HUGELY TO THE COUNTRY’S ECONOMIC DEVELOPMENT’
Diamond TRading company Botswana (DTCB), the world’s largest and most sophisticated rough diamond sorting and valuing operation, celebrated its 50th anniversary at a Gala dinner that brought together stakeholders from different areas of time.
President Mogweetsi Masisi said that since its inception DTCB has cleaned, sorted, and valued all of Debswana’s diamonds which represent the vast majority of diamonds ever produced in this country. This represents more than 880 million carats over the years. Furthermore Masisi explained that DTCB became a catalyst for beneficiation in Botswana by supplying a specified portion of Debswana’s production directly to the local cutting and polishing companies. “Distinguished, Ladies and Gentlemen, DTCB has contributed immensely to the socio - economic development of Botswana through its handling of every diamond mined by Debswana” Masisi said.
Diamonds contribute over 80percent of Botswana’s foreign exchange which becomes a big part of the
government’s revenue Masisi said. Masisi said the achievements of DTCB can be seen in the institutions efforts to making deliberate efforts in supporting communities: such as the adoption of the D`Kar Primary School, and sponsoring the Women Football League and grassroots development program girl child.
Managing Director of DTCB Sedireng Serumola said they have developed
a transformational program that will cutterpult DTCB into a high performance organization.
Serumola said that they have developed a transformational model that will upscale their staff members and they will be able to grow beyond their current primary business model.
He added that the organization is aiming to be more agile and more responsive to customer needs