Just look to Luar, Tory Burch, Blumarine, Louis Vuitton, Giorgio Armani… the record goes on! With its new and improved deal and higher standing on the global stage, maybe the time has come for Botswana to shoulder some extra accountability. Indeed, I often surprise how lengthy it is going to be before De Beers retreats into becoming solely a diamond mining company. It must be remembered that as the various negotiations take place and producers squeeze more and more out of the value equation, it may become untenable financially for De Beers to continue a few of its market-based actions. Of course, in the good old days De Beers was the custodian – the trade steward – ruling as a dominant monopolistic drive. There are indicators that the trade has elevated the significance of this follow, with the emergence of assorted blockchain corporations.
- They serve as a document of serious