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ODC earns over P1.1 billion from October Spot Auction

patriot by patriot
November 8, 2021
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Mmetla Masire

Mmetla Masire

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Okavango Diamond Company (ODC) earned US$110 million (about P1.1 billion) during its October Spot Auction sale. The October online spot auction coincided with the company’s participation at the world-acclaimed EXPO 2020 Dubai.

Managing Director of Okavango Diamond Company, Mmetla Masire, said, “prior to the October sale, ODC’s September Spot Auction sale generated US$123 million. The September 2021 sale to date represents the largest one-day Diamond Auction sale ever conducted for rough natural diamonds.”

The state-owned entity is currently hosting its sixth standard diamond viewing for the year with Botswana diamonds being shown in Antwerp, Belgium (from 2nd – 10th November), and Gaborone (from the 18th – 19th November 2021). ODC will hold its November Spot Auction Sale on the 22nd November 2021 at 12:00 hours (Botswana Time).

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  • EXPRESSION OF INTEREST (EOI): Gambling AuthoritySeptember 26, 2023
    FOR THE DEVELOPMENT, IMPLEMENTATION AND MAINTENANCE OF A CENTRAL ELECTRONIC MONITORING SYSTEM (CEMS) IN BOTSWANA FOR A PERIOD OF TEN (10) YEARS TO MONITOR: ALL EXPRESSIONS OF INTEREST MUST BE SUBMITTED ON THE VIRTUAL DATA ROOM (VDR) NO LATER … Read more
  • TENDER: Debswana Diamond Company (Pty) LtdSeptember 26, 2023
    Provision Of Consultancy Services For Compilation and Authorship Of Debswana Sustainability Report (Report To Stakeholders) 2023 SUBMISSION Bidders are required to submit their respective bids on or before the 18th October 2023 at 1000hrs through the Debswana SAP Ariba … Read more
  • GENERAL PROCUREMENT NOTICE: WUCSeptember 26, 2023
    Project Title Appointment of Metering-as-a-Service provider/s for the Water Utilities Corporation of Botswana, to install, operate, maintain Smart Meters, related services, data & communication networks, in designated geographical areas throughout Botswana.
  • Stanbic Bank launches Swipe to Win CampaignSeptember 25, 2023
    Stanbic Bank Botswana has, in its continued effort to add value to the lives of customers and keep them happy, launched The Swipe to Win campaign. This is one solution that aims to drive Debit and Credit usage on … Read more
  • EXPRESSION OF INTEREST (EOI): The Gambling AuthoritySeptember 18, 2023
    FOR THE DEVELOPMENT, IMPLEMENTATION AND MAINTENANCE OF A CENTRAL ELECTRONIC MONITORING SYSTEM (CEMS) IN BOTSWANA FOR A PERIOD OF TEN (10) YEARS TO MONITOR: 1. GAMBLING ESTABLISHMENTS LICENCES – GAMBLING MACHINES WITH LIMITED BETS AND PAYOUTS (LIMITED PAYOUT MACHINES) … Read more
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