First off, you must understand that diamond sales and sales process greatly varies from one Country to another. In some Countries, sales are entirely controlled by the Government, in others, not so much.
So what is so different about Botswana Diamonds? We have people contacting our Trade Desk offering rough diamond parcels from Botswana…really? Are these offer genuine? This answer is no, such offers do not exit, period!
What do you mean? Well, it is actually very simple, the Botswana Government has made a Join Venture with DeBeers in 1969 creating Debswana Diamond Company Ltd. which controls the market.
In order to jumpstart the economy of the Country, a Botswana law was enacted in order to mandate that all diamonds exported out of Botswana be cut and polished, in order to create employment, so no rough diamonds can exit the Country legally.
Given, some people are illegally smuggling stones out of every diamond producing Countries, however, all these ridiculous rough offers claiming to have Botswana origin are fake!
DeBeers even moved their head office from London to Gaborone a few years ago, and Gaborone now has one of the most extraordinary diamond facilities in the world.