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- Oct 2021
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learn.diplomacy.edu learn.diplomacy.edu
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insisting on local value addition
local value addition --- In 2012 Botswana signed a new agreement with Debeers that ensured the relocation of the Diamond Trading Company (DTC) sales department that is responsible for all aggregation, sorting and valuation of diamonds, from London to Botswana. This was aimed at maximising benefits from diamond mining through local beneficiation. Botswana has been able to create employment for her citizens through value adding activities in the diamond industry since then.
Source author: Lapologang Judah lapoduna@gmail.com
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