Latest articles on Diamond Industry

Competition in diamond market chips away at De Beers

Market pressures have driven sightholders to rebel against the high prices being set by Anglo, writes Roman Grynberg.

Diamond surge a ‘flash in the pan’

Industry leaders say that the current demand is not sustainable, and predict that prices will taper off towards the latter half of 2016.

Region fails to cut it in diamonds

Namibia, Botswana and South Africa did little to halt the collapse of the beneficiation industry.

Diamonds aren’t Sacu’s best friend

Unfair revenue-sharing in the Southern African Customs Union is getting worse, writes Roman Grynberg.

‘Flawless’ SA diamond sells for $22m

A jaw-dropping, 100-carat diamond mined by De Beers in South Africa sold for $22.1-million at Sotheby's auction house in New York.

Botswana diamond workers bleed

Rising costs have exposed flaws in a beneficiation deal that should have been clear-cut, writes Roman Grynberg.

Africa’s diamantaires in the rough

Low productivity and the concomitant costs are harming the local beneficiation industry.

SA diamonds languish in the rough

Botswana's industry is sparkling compared with its neighbour's declining sector.

Oppenheimers leave the diamond race with $5bn sale

The Oppenheimer dynasty has ended by selling their 40% of De Beers to global miner Anglo American for $5.1-billion.

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Latest

Demolition of hope in Hangberg

The City of Cape Town in June twice knocked down structures on land allocated for other purposes. The city says these were not evictions; residents ask why no police are available for rapes and murders

Corruption allegations: It’s a family affair at Dihlabeng municipality

The mayor, her relatives and their friends keep landing lucrative tenders and using state resources. Yet Lindiwe Makhalema has failed to declare the list of her relationships with people and companies benefiting from the municipality

AG’s report reveals the municipalities where money goes to waste

Municipalities are in complete disarray, with many of them flagged by the auditor-general for deliberate lack of accountability and tolerance for transgressions by political and administrative leadership while billions are squandered.

Press Releases

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

Security and Compliance Evolution in the Data Revolution

Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well

Covid-19 vs Child Nutrition

Children are being impacted severely across the world because of things such as reduced immunisation as health services prioritise treating Covid-19 cases

MTN’s network innovation sees 5G launched at 100 sites countrywide

MTN South Africa has launched its widely accessible 5G network – the first of MTN’s 21 operations across Africa and the Middle East

Economic ramifications of Covid-19

There is an opportunity for business and government in collaboration to galvanise and work together, and present ourselves as a viable destination for investment

BCX empowers its finance staff with professional accounting qualifications

'For the finance function to go beyond the numbers we need to be professional and we cannot leave out the financial control experts'

Ensuring no prospective CA(SA) is left behind

Sizwe Nxasana talks about the macro-economic impact our country will suffer if the accountancy profession fails to transform its pipeline in the pandemic

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