State Diamond Trader

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View all the latest State Diamond Trader vacancies here. On this page you will find all the latest job openings for 2022. Interested candidates can find the latest jobs and apply online.

About the Department

Our Mandate

The State Diamond Trader is a state-owned entity established in terms of Section 14 of the Diamonds Act 56, 1986, as amended (“the Act”). It operates in the diamond industry with the aim to grow local diamond beneficiation.

The mandate of the State Diamond Trader is to buy and sell rough diamonds and to promote equitable access to and beneficiation of the country’s diamond resources. The entity strives to address distortions created by the country’s historical exclusion of certain population groups from economic participation. It aims to grow South Africa’s diamond cutting and polishing industry by enabling and increasing participation of Historically Disadvantaged South Africans (HDSAs) in the diamond beneficiation industry. The entity is empowered by law to purchase up to 10% of the run-of-mine (ROM) production from all diamond producers in South Africa. It sells to registered customers through an application and approval process.

The State Diamond Trader is a schedule 3B entity in terms of the Public Finance Management Act (PFMA), 1999, as amended.

Our Vision

To be the catalysts for the transformation and growth of the local diamond beneficiation industry.

Our Mission

  • To ensure the acquisition of the equitable access to rough diamonds with a particular focus on HDSAs.
  • To Promote the growth of globally competitive local diamond beneficiation industry through relevent interventions.
  • To establish and maintain a transformed client base of local diamond beneficiation.

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