Dubai-based diamantaire Stargems sets up shop in Gaborone
One of the world's biggest diamond dealers, the Dubai-based Stargems Group, is on the cusp of joining the growing number of diamond groups moving into the Botswanan capital, Gaborone.
South African businessman Johann Rupert has recruited several advisers to help him distribute the funds he is providing for small companies suffering from the effects of the Covid lockdowns. One of them is Archbishop Thabo Makgoba, who also advises the Oppenheimer family on its coronavirus business support fund.
The South African magnate and boss of Switzerland-based Richemont, one of the world's leading luxury goods companies, is a natural target for the tax authorities of his native land, who are looking to increase their returns from extremely wealthy taxpayers.