A decade after the state-owned diamond company Alexkor became a site of Gupta influence and corruption, the Judicial Commission of Inquiry into State Capture issued a long list of recommendations to pursue perpetrators. In its report, released on Friday, the commission details how former minister of public enterprises Malusi Gigaba

It was clear that former president Jacob Zuma replaced Ngoako Ramatlhodi as mineral resources minister because he refused to cooperate with the Gupta family’s wishes, the State Capture Inquiry has found. “… Ramatlhodi had consistently refused to have anything to do with the Guptas and was not prepared to do

The Presidency on April 29 received the fourth part of the report of the Judicial Commission of Inquiry into Allegations of State Capture.   Secretary of the Commission Professor Itumeleng Mosala handed over the report to acting Director-General in The Presidency Thami Ngwenya at the Union Buildings in Pretoria.  

Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country’s Finance Minister Anton Siluanov said on Wednesday. The United States imposed sanctions on State-controlled Alrosa in April, complicating the Russian company’s operations in the global

The De Beers Blue diamond has been auctioned for HK$450.9-million ($57.5-million) at Sotheby’s in Hong Kong. The 15.1 ct, fancy vivid blue diamond was sold Wednesday evening to an unnamed buyer. The step-cut gem, recovered from the Cullinan mine in South Africa, is the largest vivid blue diamond ever to appear

Diamond company Petra is exploring a responsible exit from its investment in the Koffiefontein diamond mining operations. The exit would be carried out together with its black economic empowerment partners Kago Diamonds and its Itumelang employee trust, the London Stock Exchange-listed company stated in a release on Tuesday.