On 24 September 2025, Acting President Ndaba Nkosinathi Gaolathe visited Aurostar Diamonds and Arjav Diamonds, engaging directly with leadership to discuss the future of Botswana’s diamond industry. The tour underscored the government’s focus on strengthening the sector as a key driver of economic growth and diversification.
During the visit, Acting President Gaolathe emphasized the importance of long-term partnerships between government and industry players. He highlighted the need for increased financial support, modern infrastructure, and innovative strategies to ensure the diamond industry continues to contribute to national development. Gaolathe also stressed that diamonds should serve not only as a source of revenue but also as a pathway to broader economic diversification, supporting sectors such as manufacturing, technology, and local entrepreneurship.
Leadership at Aurostar Diamonds reaffirmed their commitment to Botswana, outlining plans to expand investment in the country. Key initiatives discussed included the establishment of a diamond bank aimed at creating new financial opportunities within the sector and programs designed to foster local entrepreneurship, ensuring that communities benefit directly from diamond-related ventures.
The visit reflects the government’s proactive approach to securing sustainable growth in Botswana’s diamond industry while maximizing economic and social impact. By combining public-private collaboration with targeted investment strategies, the government and industry leaders aim to ensure that Botswana remains a global leader in diamond production while diversifying the economy for long-term resilience.
