Shine on you crazy diamond!

Friday, January 30, 2026 | 270 Views |

Real world good: Natural diamonds have powered the growth and sophistication of the local economy, empowering many citizens PIC MORERI SEJAKGOMO

The diamond forecasts released recently by the Finance Ministry are pretty bleak. However, latest figures and trends show that even as government prioritises transformation, the shiny stones can still hold their own. MBONGENI MGUNI writes on the resilient rock and why its future is not all gloom

The news of my death are greatly exaggerated, legendary American writer, Mark Twain famously wrote.

Diamonds are probably saying the same thing, after a bleak report emerged from the Finance Ministry, warning of a possible “non-recovery” for the precious stones.

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Shine on you crazy diamond!

The diamond forecasts released recently by the Finance Ministry are pretty bleak. However, latest figures and trends show that even as government prioritises transformation, the shiny stones can still hold their own. MBONGENI MGUNI writes on the resilient rock and why its future is not all gloom