Diamond industry not out of the woods
Wednesday, November 09, 2016
Speaking during the De Beers Diamond Conference 2016 held in Gaborone, Molefhi said government has taken some initiatives which they hope will bring back viability to the sector.
“Some of the initiatives geared towards improving the business environment are the minerals policy review and regular engagement with stakeholders. I believe, the deliberations, and interactions at this conference will empower participants in ways that will motivate and empower them to sustain a living and thriving diamond industry into the future,” he said.
The findings reveal a disturbing pattern of misconduct and lack of transparency that cannot be ignored.The Tribunal, led by Judge President Justice Kabelo Lebotse, has rightly condemned the Ministry for its eyebrow raising conduct in awarding a P1.8 billion water tender to China Civil Engineering Construction Corporation (Pty) Ltd and Zhong Gan Engineering & Construction Corporation (Pty) Ltd.The award was made despite alleged clear evidence that...