- Dec 2021
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local ownership
Additional to diamonds, --- the country does promotion on Infrastructure Development Investment Opportunities, Tourism and Hospitality Investment Opportunities, Technology and Innovation Investment Opportunities, Agriculture and Agro-processing Investment Opportunities, Manufacturing Investment Opportunities.
As explained to Ricardo, access to export markets on diamond trading is open to all local business people but they are not able to meet the required threshold. But to cater for those small diggers, most of which are illegal, the current regime has since the beginning of 2021 if not since mid-2020, called on all who possess diamonds to collaborate with Ministry of Natural Resources specifically to address that issue and send a substantial amount to the outside market. By the way, Lesotho still does not have any diamond processing hub (cutting and polishing) hence all exports in diamonds are only of those raw ones.
Source author: Malefetsane Dominic Mosala mosalalaw@gmail.com
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