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 South African government, represented by the Minister of Mineral and Petroleum Resources, is the sole shareholder and owner of the State Diamond Trader.
The State Diamond Trader is mandated to buy and sell rough diamonds and to promote equitable access to and beneficiation of South Africa’s diamond resources.
The entity strives to address distortions created by South Africa’s historical exclusion of certain population groups from economic participation.
The State Diamond Trader 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.
As a trusted diamond trader, the State Diamond Trader 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.
Vision
The vision of the State Diamond Trader is to be a trusted diamond trader for beneficiation.
Mission
The mission of the State Diamond Trader is to promote equitable access to rough diamonds in support of local beneficiation for inclusive economic growth.
Strategy
To be a leading catalyst for the transformation of a sustainable diamond beneficiation industry.
Values
- The State Diamond Trader will respect the rights of its stakeholders and promote a caring attitude.
- The State Diamond Trader will promote diversity and create an empowering working environment.
- Commitment to mandate – it’s promotion, defense and execution.
- Agility – anticipation, proactive problem solving and resourcefulness.
- Efficiency – professionalism and excellence in all that the State Diamond Trader does.
Strategic Goals
- Ensure continued sustainability of the State Diamond Trader.
- Be an efficient and professionally managed organisation.
- Promote and uphold efficient governance.
- Ensure constant and suitable supply and access to rough diamonds.
Overseeing Department/Entity
Office Bearers/Management
Chairperson
- Mr A Chikane
Board Members
- Mr E Blom
- Mr J Boning
- Ms H Diatile
- Mr LJ Dlamini
- Mr J Hugo
- Mr NC Khosa
- Adv MA Lebakeng
- Dr NO Masekoa
- Ms SMB Nyakale
- Ms AJ Rossouw
- Mr M Sanane
Chief Executive Officer
- Ms N Mzamo
Chief Financial Officer
- Ms S Madolo
Chief Operations Officer
- Mr C van der Ross (Operations Manager)
Senior Management
- Mr N Mabaso (HR Manager)
- Mr S Mhlangu (Company Secretary and Legal Manager)
Communications Officers
- Ms Tsholofelo Gopolang Tselapedi (Marketing and Communication Manager)
Contact Details
The contact details of the State Diamond Trader are listed in the table below.
| Physical Address: | Jewellery Manufacturing Precinct, Superblock Building O.R. Tambo International Airport Special Economic Zone (ORTIA SEZ PRECINCT 1) Bonaero Drive, ACSA Precinct Bonaero Park 1619 |
| Postal Address: | P.O. Box 61212, Marshalltown, 2107 |
| Telephone: | 011 334 2691 |
| Fraud: | 0800 701 701 |
| Email: | – infosdt@statediamondtrader.gov.za – fraud@statediamondtrader.gov.za |
| Website: | www.statediamondtrader.gov.za |
