While De Beers, gov’t negotiate, new threats emerge
Tuesday, June 27, 2023 | 4150 Views |
It would have been natural to assume that the 30,000-plus diamond industry professionals who gathered in Las Vegas, USA for the annual JCK Show recently, would have, uppermost in their minds, the ongoing talks and tensions between government and De Beers on a new deal.
After all, as has been repeatedly pointed out, the 54-year old deal between the two partners is the diamond industry’s single most important covenant, each year producing the world’s highest production of rough diamonds by value.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...