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Luanda Accord: Bold new step for natural diamonds

Done deal: Minerals and Energy minister, Bogolo Kenewendo, joined other diamond industry players for the landmark agreement in Luanda, Angola
Done deal: Minerals and Energy minister, Bogolo Kenewendo, joined other diamond industry players for the landmark agreement in Luanda, Angola

Botswana and several other African diamond producing nations as well as companies and industry bodies, last week signed a landmark agreement to jointly market natural diamonds. Natural Diamond Council CEO, David Kellie, speaks to MBONGENI MGUNI on the historic deal

The natural diamond industry is mounting the largest marketing campaign in more than a decade.

Last year the industry agreed to reignite “category marketing” which involves diamond producers, retail jewellers and countries, linking up to promote natural diamonds. Natural diamond industry leaders acknowledge that over the decades, individual companies instead prioritised marketing their specific brands or products, a focus that left the industry open to synthetics and other non-diamond jewellery.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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