While De Beers this week announced the launch of a diamond cutting enterprise development project where five diamond companies based in Johannesburg will benefit, Cope’s national chairman, Pakes Dikgetsi, yesterday highlighted the lack of any read economic spin-offs generated by the Kimberley International Diamond and Jewellery Academy (Kidja).
Value of diamond academy questioned
DFA
Jul 15 2016
cesses had been born out of Kidja. “We have not heard of any benefactors having launched locally-based businesses or beneficiation initiatives after undergoing training at Kidja.” He added that provincial government continued to provide Kidja with…read more…
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De Beers to invest in five BEE diamond cutting firms in South Africa
De Beers Group, the major diamond producer, has chosen five black South African owned diamond cutting firms to improve local beneficiation in the diamond sector.
De Beers, together with the government and the South African diamond cutting industry have launched an Enterprise development project for diamond beneficiators that aims to facilitate the transformation and growth of the diamond cutting and polishing sector in South Africa.
The holistic and developmental programme will work with the selected black South African owned diamond cutting companies. The companies are Kwame Diamonds, Nungu Diamonds, Thoko’s Diamonds, Diamonds Africa and Molefi Letsiki Diamond Holdings.
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