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.
Recommendedby NEWSROOM AI
Mind the generation gap! The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews David Shapiro, veteran stockbroker and Deputy Chairperson at Sasfin.
If you invested R7287 in March 2010 it would now be worth R34 billion! BILLION! You read that right. Warren Ingram has advice…
The Money Show’s Bruce Whitfield talks to Africa Connected host Lee Kasumba on the last day of her fact-finding mission in Kumasi.
Old Mutual personal finance expert Lizl Budhram offers a step-by-step guide to get your financial future right.
UK-listed Petra Diamonds and Ekapa Mining are buying De Beers’ Kimberley Mines for R102 million.
The new regulation will see those found guilty of dodging child maintenance blacklisted, among other measures.
Safa President, Danny Jordaan has broken the silence on rape allegations against him and denies ever raping Jennifer Ferguson.
Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.
Redi Tlhabi says one of the perceptions she'd like to debunk is that she never discusses politics all the time.
Zuma says he cannot be expected to act against Minister Bathabile Dlamini on social grants matter now before the ConCourt.
Commission says investigation into food and agro processing companies is important because of high levels of inequality in SA.
The EFF lawyer stole the show during the state capture report court battle.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?