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KGK Diamonds opens high- tech cutting, polishing factory

Publishing Date : 31 August, 2015


KGK Diamonds announced the opening of a new, high- tech diamond cutting and polishing factory in Botswana this past Thursday. The new factory is a 1000 sq m facility in Gaborone which incorporates the latest diamond cutting technologies and has a staff complement of 55 Batswana and 35 expatriates.

The company intends to increase the workforce to 150 by the end of 2016. It is also investing in skills developing and training for its workers in all aspects of the diamond cutting and polishing process. They were initially granted a Botswana cutting and polishing licence in March 2013 and in the intervening period they have also focused on undertaking the necessary steps to inaugurate the factory, with the help and support of a variety of local agencies.

They initially imported rough diamonds from its international operations in January 2015 to start the training of workers ahead of the factory opening. KGK and the Kothari family have a rich history in gems, diamonds and the jewellery industry over the last 110 years since the business was started. They have the experience across the diamond value chain and are involved in all aspects of the pipeline from rough diamond trading, diamond polishing, jewellery manufacturing and retailing.

KGK are the Sightholders of the De Beers Group of Companies and have Sights in three locations; Botswana, South Africa and internationally. They are also long term contract holders of Alrosa and Rio Tinto Diamonds. They have an established international and supplies diamonds to all the major diamond consuming markets throughout their network of offices. The factory was officially opened by Minister of Minerals, Energy and Water Resources Kitso Mokaila.

Navratan Kothari, Chairman of the KGK Group said they have long held the ambition to open a cutting and polishing factory in Botswana to add to their portfolio of factories. “In Botswana we have been made to feel welcome and look forward to being a good corporate citizen here”, he said.

They promised that even though it has been a challenging period for the diamond industry in recent months, they look ahead to better times on the horizon. With the opening of KGK factory, this is a very positive step for the domestic industry in Botswana.  



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