The Ministry of Minerals and Energy, through the Diamond Hub, in collaboration with the Ministry of Labour and Home Affairs, convened a high-level stakeholder engagement meeting for the diamond industry in Gaborone. The meeting aimed to assess progress and deepen collaboration within the sector, while addressing key challenges facing Botswana’s diamond trade, including the recent 37% reciprocal tariff imposed by the United States.
Speaking at the event, Minister of Minerals and Energy, Hon. Bogolo Joy Kenewendo, noted that the gathering was a follow-up to a previous stakeholder meeting held in January. During that earlier engagement, industry players had proposed transforming the Diamond Hub into a more efficient one-stop shop capable of serving the diverse operational and administrative needs of the diamond industry.
Minister Kenewendo reiterated government’s commitment to building a diamond sector that is globally competitive, investor-friendly, and equipped to respond swiftly to industry demands. She highlighted the significance of Botswana’s diamond exports to the United States and expressed serious concern over the newly imposed tariff, which threatens the country’s primary export channel.
“Our diamonds are not only central to our economy but also to our global trade relations. The imposition of a 37% tariff by the United States has far-reaching implications, not just on direct exports but also on our engagement with other important markets such as India, Israel, Dubai, and Antwerp,” she said.
The Minister added that the government is actively assessing how the tariff is impacting these key markets and their potential ripple effects on Botswana’s beneficiation strategy. She reassured stakeholders that the government remains committed to transparent and continuous dialogue with industry players, promising to keep investors informed as the situation evolves.
In his remarks, Minister of Labour and Home Affairs, Hon. Major General (Rtd) Pius Mokgware, turned attention to domestic concerns within the industry, specifically issues of non-compliance with labour laws by some employers. He stressed the need for ethical treatment of employees, reminding stakeholders that Botswana is a rights-based democracy that values fairness and respect in the workplace.
“We cannot speak of a thriving industry if the people behind it are mistreated. Compliance with labour laws is not optional. It’s a necessary condition for growth, profitability, and sustainable productivity,” said Minister Mokgware.
He urged all employers to adhere to labour regulations, arguing that fair treatment of workers results in a more motivated and productive workforce.
The stakeholder meeting highlighted Botswana’s proactive approach to sustaining and growing its diamond industry, even in the face of external pressures and internal regulatory concerns. By fostering dialogue between government and industry, Botswana continues to position itself as a leading and responsible player in the global diamond market.
