There is tremendous talent in South Africa in terms of cutting and polishing skills.— Innocent Mabusela, De Beers
The business plan is not important. What’s important is the person behind the business plan.— Innocent Mabusela, De Beers
De Beers has chosen five black-owned diamond cutting and polishing firms (Kwame Diamonds, Nungu Diamonds, Thoko’s Diamonds, Diamonds Africa and Molefi Letsiki Diamond Holdings) to support in order to comply with Government’s demands for increased beneficiation.
The world’s largest diamond producer will provide support in aspects such as buying, manufacturing, marketing and distribution as well as facilitating access to funding and entrepreneurial guidance.
The Money Show’s Bruce Whitfield interviewed De Beers Head of Corporate Affairs Innocent Mabusela.
Listen to the audio below for more detail.
Many people are uttering these nine words around this time of year. Come January they’ll be sorry, but it’ll be too late.
Why is Eskom, seemingly, sabotaging the world’s fastest-growing green energy programme?
Walker Scott Art Advisory’s Dr Fred Scott gives advice on building a high growth African art portfolio.
The Money Show’s Bruce Whitfield interviewed Rakesh Wahi (CNBC Africa and Forbes Africa) for his weekly business book review.
What does 702’s former Breakfast Show host John Berks believe, hope for and fear about money? Does he have, and want, lots of it?
UK-listed Petra Diamonds and Ekapa Mining are buying De Beers’ Kimberley Mines for R102 million.