Mmegi

Demand creation: The heart of the new diamond deal

Shoulder to shoulder: Cook and Kenewendo signed the new deal recently 
PIC: KENNEDY RAMOKONE
Shoulder to shoulder: Cook and Kenewendo signed the new deal recently PIC: KENNEDY RAMOKONE

  Government expects to see a recovery in diamonds from July, helping budget revenues and a tightening economy. Key to that hope is an easy-to-overlook clause in the new agreement with De Beers, writes MBONGENI MGUNI

Amongst the clauses of the new agreement between De Beers and government that were made public recently, is one that will be of critical importance for the recovery and future of the precious stones.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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