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 THE NEWSROOM
The Money Show’s Bruce Whitfield interviews De Klerk.
This and other insights on fintech from Rand Merchant Investments Senior Investment Executive Dominique Collett.
Bruce Whitfield interviews EWN’s Lindsay Dentlinger and journalist Craig McKune (amaBhungane Centre for Investigative Journalism).
Ad guru Andy Rice slams H&M for its full-page apology. He praises a funny, anti-drug billboard from the United States.
The Money Show’s Bruce Whitfield interviews K about his attitude to money (hopes and fears, successes and failures, etc.)
UK-listed Petra Diamonds and Ekapa Mining are buying De Beers’ Kimberley Mines for R102 million.
Revelations published today show how the premier's sons and Free State govt appear heavily involved in the Gupta-owned companies.
The EFF lawyer stole the show during the state capture report court battle.
Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.
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?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.