Traceability, transparency and technology in diamonds
Tuesday, April 11, 2023 | 580 Views |
From mine to mistress: Rough diamond traceability and transparency are increasingly demanded by consumers PIC: MORERI SEJAKGOMO
Today, at the touch of a mouse or a mobile screen a whole business environment opens to all of us, with billions of dollars’ worth of merchandise on offer. Modern technology even enables us to inspect the stones online.
But the bourses remain relevant. In places like Mumbai and Surat or Tel Aviv, the importance of the traditional trading floor and the many offices cannot be overestimated. Even when the virtual environment has achieved dominance over the physical, the bourse’s leadership and authority remain essential worldwide.
Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...