‘Lost’ Lerala diamonds finally back in local hands
Friday, March 24, 2023 | 1590 Views |
![In the works: Lerala Mine closed in May 2017 and the fate of its last parcel of diamonds has been a tensely fought affair since then](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/03/24/68555.jpg&w=800&q=72&f=jpg)
In the works: Lerala Mine closed in May 2017 and the fate of its last parcel of diamonds has been a tensely fought affair since then
Local authorities secured a key legal victory in Brussels recently and have the stones under their control, a situation that will bring finality to the saga at Lerala where creditors had filed claims worth P30 million.
“The diamonds are still in Belgium but in the hands of people engaged by Botswana who have just started the process for selling the stones,” Minerals and Energy ministry officials told BusinessWeek.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...