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Red Tape Reduction Unit saves project and hundreds of jobs in the Western Cape

Media release by David Maynier, Western Cape Misister of Finance and Economic Opportunities

On 25 February 2021, I met with representatives from De Beers Marine to hear how our Red Tape Reduction Unit had assisted a major maintenance project for the Gariep mining vessel that created jobs and brought investment into the economy in the Western Cape.

Thanks to the interventions of our Red Tape Reduction Unit, the completion of this project has also paved the way for two more ship repair projects which are already booked for this year at the Port of Cape Town.

In early July 2020, the Department of Economic Development and Tourism (DEDAT) was approached by De Beers Marine to assist with approval for the Gariep mining vessel to be sent to the Port of Cape Town dry dock for 112 days of maintenance and refitting. As a result of the Covid-19 pandemic and the lockdown restrictions, there was some concern that the project would not be able to proceed.

Following engagements with the Port of Cape Town, and assistance from the DEDAT workplace safety team to ensure all necessary Covid-19 health protocols were implemented, the Gariep mining vessel arrived in Cape Town on 1 August 2020.

However, as a result of the complex international crew change procedures and immigration challenges at the time, the 44-person foreign crew were then not allowed to disembark from the vessel.  As the crew could not stay on board while the maintenance was being done but were needed on-site to sign off the maintenance upgrades, this caused further delays to the project and risked a cancellation of the project entirely.

The Red Tape Reduction Unit again assisted by convincing the National Joint Committee on Immigration of the importance of the economic value of the project and reassuring them that all workplace safety precautions had been implemented. The Committee issued a special clearance for the crew to disembark and the project was able to continue to completion on the 24 November 2020.

This work done by our Red Tape Reduction Unit is an excellent example of how we are working hard to improve the ease of doing business and create an enabling environment for businesses to grow and create jobs in the Western Cape.

Since its launch in 2011, our Red Tape Reduction Unit has helped thousands of businesses tackle obsolete or unnecessary bureaucracy that restricts their growth. In this financial year alone, they have dealt with over 1 270 cases and have maintained an overall resolution rate of 80%.

Tackling red tape and improving the ease of doing business in the Western Cape requires partnerships across all levels of government, together with the private sector and industry bodies, working together to create an enabling environment in which businesses can thrive and jobs are created.

And so, I would like to thank all stakeholders involved in the success of the Gariep mining vessel maintenance project, especially during a very challenging time.

Going forward we will be dramatically scaling up our efforts to address systematic red tape issues at their core and improve the ease of doing business, so that the Western Cape continues to be an attractive destination for investment and job creation.

Any businesses in the Western Cape, or any new potential investors battling with red tape can contact our Red Tape Reduction Unit for free assistance.

For more information visit: www.westerncape.gov.za/red-tape-reduction

Durban is creating a better inner city

EThekwini Municipality is working hard to ensure that the Durban Central Business District (CBD) area suits the needs of all those who work, study, live and play in it and has invested R245-million in the Point Watermains project.

This has provided a much-needed upgrade and greater security of water supply for the inner city and future planned growth. It is estimated that the CBD will grow from 70 000 to 450 000 people, and from 100 000 jobs to 250 000 work opportunities by the year 2040.  Coupled with this bold programme of infrastructure supply, the City is improving the public realm.

This will result in parts of Anton Lembede Street and Mahatma Gandhi Road being upgraded inclusive of new streetlights, traffic signals, paving, pedestrian friendly crossings, parking and public transport offset areas. The upgrade also includes new litter bins and bus shelters complemented with some green infrastructure. The project certainly supports the vision for the inner city to be Africa’s leading, most vibrant, liveable, walkable city centre providing economic, residential, sporting and leisure opportunities for all by 2040. This is in line with the Inner-City Local Area Plan and regeneration strategy, approved by Council.

The Municipality is implementing these upgrades, and others to follow, to ensure that the inner city is adaptive, relevant and a resilient city that plans for current and future growth. Envisioned are mixed use and mixed income residential developments, niche precincts with quality and attractive offerings from pedestrian friendly streets, new public transport facilities and systems, diverse tourism to education, public art, parks, work spaces for small, medium and micro enterprises and infrastructure and support for the informal economy and more.

The inner city and the Point precinct in particular, are showing consistent progress as it undergoes regeneration and transformation. These upgrades form part of the Inner City Regeneration Strategy that aims to improve business confidence and stimulate investment in the retail, education, residential and commercial sectors. The Durban inner city is seen as one of the most important economic areas within eThekwini and remains an important revenue generator for the Municipality.

The public realm upgrade on Anton Lembede Street is located between Dorothy Nyembe Street and Yusuf Dadoo Street on the southern (left) side only. The appointed main contractor overseeing this aspect of the project is WK Construction. The public realm upgrade will be appointed to sub-contractors, as part of the Contractor Participation Goal for the project and Council’s commitment to Radical Economic Transformation.

The scope of work entails:
  • New paving (either on the existing sidewalk or the new extended sidewalk (this is dependent on approval from eThekwini Traffic Authority to extend the sidewalk),
  • New informal trader’s kiosks,
  • New bus stops,
  • New seating areas,
  • Public ablutions and storerooms,
  • Metro Police satellite office,
  • Parks Department facilities,
  • New landscaping and street furniture and,
  • Relocation of traffic lights, road markings and signage.

The appointed main contractor for Mahatma Gandhi Road is Icon Construction. The scope of works for the public realm upgrade at Mahatma Gandhi Road involves:

  • Sidewalk widening,
  • Replacement of existing paving,
  • Realignment of stormwater drainage,
  • Relocation/repainting of streetlight poles,
  • Road markings and associated infrastructure and,
  • Provision and maintenance of vehicular access to adjacent properties and parkade areas.

The City would like to apologise to the public for any inconvenience caused during the period of the construction. The new and improved public realm will have a positive impact in beautifying this urban zone of Anton Lembede Street and Mahatma Gandhi Road. This project is expected to be completed towards the end of 2021.

An interview with Arnold van Graan, Analyst at Nedbank CIB

The biggest driver of the industry’s fortunes would, however, still be the gold price.

Next month Investing in African Mining Indaba will be hosting Nedbank CIB’s gold roundtable during the Virtual Investment Programme.

Ahead of the roundtable, Mining Indaba caught up with Arnold Van Graan, Analyst at Nedbank CIB to start the conversation on what he predicts for gold in the future, how the landscape has changed and what fundamentals are likely to shape the gold sector within the next five years.

2020 was a record-breaking year for gold; how do you expect it to perform in 2021?

The gold price was boosted by an abundance of bad news and uncertainty in 2020. Although 2021 is off to a shaky start, we expect the risk outlook to improve in a quarter or two, which could see the safe-haven support for gold wane. An improving global economic and geopolitical outlook and stability could see some of the uncertainty ease over the coming months, pulling gold down.

However, we do not expect a total collapse in the gold price, but possibly a bit more weakness from current levels, as most of the support (lower real rates/inflation and uncertainty) has been priced in. We, therefore, have a muted view on the gold price outlook for 2021e.

How do you think the gold landscape will change in 2021? Will we see more M&A and consolidation?

With the current gold rally potentially having reached a peak, we expect the focus of management teams to change slightly, and see growth coming back into focus. And often, with growth comes M&A. Although gold companies are currently focusing on smaller, lower-risk projects, we believe we could see companies start to embark on larger projects. We, therefore, expect more capital to be allocated to growth projects and see further industry consolidation. We would not be surprised to see a large M&A deal in the SA mining sector in the coming year.

Bitcoin has had a resurgence over the past few months. Do you see Bitcoin and other cryptocurrencies challenging gold’s relevance? Is “gold old” in the minds of younger generations?

Bitcoin is gaining a lot of attention, with many investors now finding it a viable investment. Younger generations, in particular favour Bitcoin, as it gives them more freedom from institutional control, more flexibility and perceived higher returns. Tesla’s foray into Bitcoin could see Bitcoin grab even more attention from investors.

However, Bitcoin as an investment option is extremely volatile and is more suited to short-term and medium-term trades rather than long-term investors, in our view. It appears as though many retail investors see Bitcoin as a means of making a quick profit. Gold remains a good asset class through which investors can diversify their portfolios. Gold has long been and remains the go-to traditional safe-haven asset. Bitcoin could be a good way to diversify your portfolio, but it will not replace gold, in our view.

Investors and analysts now talk of an “ESG premium” for stocks boasting strong environmental, social, and governance credentials. Which gold companies do you believe warrant an ESG premium?

We do not believe ESG matters have truly started to impact valuations yet. It appears as though the operational and financial performance of gold companies is still the major driver of valuations. The increased focus on ESG in recent years has seen mining companies moving from talk to action, in our view. We expect further pressure related to ESG matters on mining companies, which would see even more resources and spending on ESG-related matters over the coming years, and this could start impacting capital allocation decisions.

The link between ESG credentials and financial performance is becoming increasingly pertinent to the mining industry’s success. ESG has become more than just a company’s social licence to operate; it has become a non-negotiable criterion on many more fronts. We, therefore, believe companies with solid ESG credentials could start to attract an ESG premium, but even more so, we expect a lack of ESG compliance to weigh on valuations.

What are the fundamentals likely to shape the gold sector in the next 5 years?

Declining reserves remain a major challenge for the sector and could be one of the biggest factors shaping the industry over the next few years. We expect gold producers to embark on growth initiatives in order to replace reserves.  Companies that lack organic growth or exploration potential in their portfolios would turn to M&A. We, therefore, expect M&A activity to remain high, with many of the smaller miners merging to retain scale and relevance.  The focus on ESG and the global transition to clear energy could also impact the gold sector, with gold companies potentially using this to diversify into copper, while exiting certain jurisdictions that carry ESG risk.

We expect cost pressure to be a key challenge facing the sector, with the transition to renewable and sustainable energy sources adding to it. The biggest driver of the industry’s fortunes would, however, still be the gold price. A flat or rising gold price should see the sector continue to prosper and attract interest from a wide array of investors. However, in time, we expect the typical cycle of rising costs and capital expenditure to repeat itself, which could see the sector underperform the gold price.

Join Mining Indaba and Nedbank CIB on Wednesday 31st March at 13:00 (GMT) for the roundtable to discuss the points raised in the interview further. For more information, please click here.

The gold roundtable is open exclusively to approved investors and analysts of the Virtual investment Programme. To find out how to get involved with the Virtual Investment Programme, please click here.

 

Africa’s energy sector – significant investment opportunity for financiers

Despite Africa’s plenteous energy resources, energy poverty is prevalent across the continent, with approximately 600 million people without access to electricity. This not only delays nations in realising energy access goals, but hampers industry progress, and reduces the continent’s economic growth by 2 to 4 percent every year.

However, energy access has improved in recent years as the number of people without access in sub-Saharan Africa has declined for the first time in absolute terms and countries such as Ethiopia, Kenya and Rwanda pave the way for their African counterparts. Africa is ahead of the curve with distributed energy systems that can rapidly increase energy access in rural areas. This proves more cost effective than conventional grid extension solutions, driven by innovative business models and rapidly diminishing technology costs. Renewables are on the rise across the continent with considerable renewable generation capacities being added in countries such as Egypt, Morocco and South Africa.

While the escalating investments in renewables remain promising, the rate of energy access falls short of achieving the universal energy access target by 2030. This being said, bridging the gap between Africa’s energy constraints presents substantial opportunities for investors focused on engaging with the continent, particularly in terms of supporting Africa to meet the energy deficit and to achieve universal energy access goals.

Evidently, these financing stipulations are of such magnitude that no solitary entity is capable of meeting them in isolation. Development finance institutions are required to proactively modify how they conduct business coupled with leveraging scarce public resources to raise private sector financing at scale.

Various barriers hamper investments and private sector engagement which could potentially accelerate energy access. Challenges include inadequate policy conditions for investors and other systemic impasses that retard transactions and increase project costs. Transforming the African energy landscape necessitates a versatile approach to unlock private sector capital by addressing these barriers in order to create an enabling environment for continental investments and calling on African policymakers to move promptly and enable investors to reach financial close in a timely manner.

In close collaboration with other development partners, The African Development Bank is geared towards building a marketplace that delivers sustainable energy transformation fundamental to Africa’s progression. The organisation is committed to not only minimising, but ultimately removing barriers for investors, predominantly through financial instruments to de-risk transactions, share knowledge and market data, as well as promote learning and networking amongst peers. Further to this, private sector participation is escalating, stimulated by multiple partnerships such as the New Deal on Energy for Africa.

Influential stakeholders have the power to profoundly impact the continent’s energy sector through collaborative discussions, thereby establishing the necessary foundation for expediting private sector investment in Africa’s energy realm. This will ultimately place the continent on a solid path towards socio-economic development and sustainable growth.

The upcoming Africa Energy Indaba Business Networking event represents the ideal platform to meet and engage with relevant stakeholders in the energy realm. These focussed discussion will foster important business liaisons, forge gateways for energy stakeholders into new markets and explore challenges, solutions and opportunities to promote innovation in energy operations. The nature of these discussions has made Africa Energy Indaba the continent’s most prestigious energy event.

Attending this conference is a unique opportunity, providing participants with a better understanding, knowledge sharing and insight into the latest global trends. All this intends to encourage attendees to enter new markets as well as establish advanced solutions and business models to grow competitive and sustainable businesses, ultimately contributing to the growth of the economy within which they operate.

About Africa Energy Indaba

Virtual Event  – 1-5 March 2021
The business meeting of choice for the African energy sector
Register to attend: www.africaenergyindaba.com

 

The 2021 guide to business and investment in Africa

The 2021 edition of African Business is the second issue of this useful guide to business and investment on the continent. The positive reception accorded the inaugural edition in 2020 was encouraging and we are optimistic that this publication and future issues will continue to meet the need for timely and relevant information in an exciting time for African business.

African Business 2021 has articles on recent trends plus overviews of the key economic sectors on the continent and regional and country profiles. There is an in-depth analysis of the implications for trade on the continent of the introduction of the African Continental Free Trade Area agreement (AfCFTA) and an article on the growth and importance of exploration for minerals, gas and oil.

Neighbours Namibia and Botswana feature in an article on how cooperation can drive economic growth and an opinion piece focusses on the role that digital technology can play not only in the financial sector, but in the driving progress in a broader sense.

African Business 2021 is a unique guide to business and investment in Africa.

Read the e-book here

Or go directly to…

Contents

  • Foreword (Page 4)
    African Business 2021 is a unique guide to business and investment in Africa.

Special features

  • Governance and security are the keys to Africa’s future prosperity (Page 6)
    Malawi’s constitutional court ordered an election rerun in 2020.
  • A new era in trading has begun (Page 10)
    The African Continental Free Trade Area offers enormous opportunities for expansion.
  • Exploration could unlock great value for Africa (Page 16)
    Gas exploration is leading the way, but oil and mining are attracting international interest.
  • Neighbours working together for growth (Page 26)
    A bridge is being built between Botswana and Namibia.

Economic sectors

  • Agriculture (Page 30)
    Uganda has a new coffee brand.
  • Energy (Page 32)
    An ECCAS interconnection project shows the way.
  • Manufacturing (Page 36)
    A focus on manufacturing exports can add value.
  • Transport and logistics (Page 38)
    Open access railway lines have doubled freight volumes in Tanzania.
  • Aviation (Page 40)
    Consolidation is likely post Covid-19.
  • Tourism (Page 42)
    Recovery from Covid-19 will be hard.
  • Information and Communications Technology (Page 44)
    Entrepreneurs are using technology to overcome hurdles.
  • Banking and financial services (Page 46)
    Mobile payment applications are growing more sophisticated.

Regional profiles

Country profiles

African Business 2021 is published by Global Africa Network Media (Pty) Ltd

Global African Network is a proudly African company which has been producing region-specific business and investment guides since 2004, including South African Business and Nigerian Business. See other recent publications here.

Contact the publishers

Special Economic Zone in Limpopo to host an energy and metallurgical complex

Artist impression of the MMSEZ. Image supplied by Limpopo Economic Development Agency (LEDA)
What locational advantages does the MMSEZ enjoy?

The Musina-Makhado SEZ is located in the vicinity of the Beit Bridge Border Post which is one of the busiest ports of entry to South Africa and a gateway to the South African Development Community (SADC) countries.

The MMSEZ has the potential to become an inland intermodal terminal, facilitated by its anchoring position along the North-South Corridor, and directly connecting to the country’s major ports through both N1 road and the Johannesburg-Musina railway line, for the trans-shipment of sea cargo and manufactured goods. Musina and Makhado municipalities are located in the Vhembe District.

What industries will be established at the SEZ?

An energy and metallurgical complex will include the following plants:

Coal Power, Coke, Ferrochrome, Ferromanganese, Pig Iron, Carbon Steel, Stainless Steel, Lime, Silicon-Manganese, Metal Silicon and Calcium Carbide.

This will be complemented by the logistics hub, agro-processing centre, light-to-medium manufacturing industries, SMME Incubation Centre, retail centres, hotels and residential amenities.

What is planned for the early phases?

The planning phase has been complex. A rigorous and diligent planning process was undertaken which involved pre-feasibility, feasibility, licence application, operator appointment, stakeholder engagement, environmental impact assessment, clusters analysis, internal and external infrastructure master planning, entity corporatisation, etc.

Despite the lengthy environmental impact assessment process affecting the Energy and the Metallurgical Cluster (South Site), we are confident that the light-to-medium industrial park, to be located in the North Site of the SEZ, will be operational by the end of 2021. Our infrastructure roll-out plans are unfolding smoothly.

What are the longer-term plans for the SEZ?

The MMSEZ is an economic development tool which aims to promote national economic growth and exports by using support measures in order to attract targeted foreign and domestic investments, research and development and technology transfer.

We are looking forward to creating a minimum of 50 000 job opportunities in the next 10 years through this initiative and to turn around the economic fortunes of the Limpopo Province. All these investment opportunities will lay a solid foundation for the envisioned futuristic Smart City and smart economy.

When the High-Speed Train between Johannesburg and Musina comes to fruition, that will add impetus to the MMSEZ.

How is pollution being mitigated?

The MMSEZ SOC is committed to environmental and biodiversity protection. We fully appreciate and respect the Paris Agreement and our country’s commitment to ecological sustainable development and are already taking all reasonable measures to mitigate environmental concerns such as global warming, pollution, biodiversity loss, water scarcity and possible threats to food security.

Substantial research is being conducted to mitigate such risks which will include the deployment of the best carbon capture and storage (CCS) technology to mitigate the greenhouse gas emissions.

Specialist studies on climate change and pollution have been conducted to mitigate potential negative impacts. With regard to water scarcity, efforts are being made to avoid tapping into the already stressed water resources by exploring various innovative engineering options, including cross-border water-transfer schemes.

Will construction of the SEZ infrastructure be done by local companies?

Local empowerment is at the centre of the MMSEZ business model. We are already at an advanced stage of completing a comprehensive Enterprise Development Strategy and the development of an SMME Incubation Centre.

Local enterprises will undoubtedly enjoy preference in a variety of opportunities throughout the project development phases, including infrastructure roll-out.

With whom is the Limpopo Provincial Government partnering in the creation of the SEZ?

Each SEZ project is regarded as a national asset located in a particular province. Such national assets are expected to attract foreign direct investment and technology transfer. This model warrants public and private partnerships at all levels.

The Limpopo Provincial Government has partnered with the national government through the Department of Trade, Industry and Competition (dtic), an international operator from China, Vhembe District and local municipalities, particularly Musina and Makhado municipalities, and the business fraternity to implement the MMSEZ.

Where does the SEZ fit in regional strategies?

The location of the Musina-Makhado Special Economic Zone makes it an ideal regional integration initiative. The SADC Industrialisation Strategy (2015-2063) emphasises the pursuit of targeted and selected industrial policies to create conditions for higher rates of investment by the public and private sectors to enable crucial sectors to prosper, especially value-adding manufacturing. The recently signed Africa Continental Free Trade Agreement (AfCFTA), promises to redefine trade relations among African states and beyond.

The Musina-Makhado SEZ is well positioned to play a regional integration role in SADC and to take up opportunities that are presented by the AfCFTA.

Lehlogonolo Masoga has more than 19 years of experience as an administrator and public servant, most recently as Deputy Speaker of the Limpopo Provincial Legislature and MEC for Roads and Transport.

Lehlogonolo served on the Limpopo Youth Commission. He holds three master’s degrees: Governance and Public Leadership (Wits), Development Studies (Limpopo) and an MSc in Leadership and Change (Leeds Beckett University, UK). He has diplomas in human resources and humanitarian assistance and is currently a registered PhD candidate in Administration.

Experience hand made perfection

Our company was started in 1988. We buy all our raw material from local suppliers and our products are 100% manufactured in South Africa. Our work force is also employed from the local community and are further trained in house. We take pride in our products and our aim is to supply quality shoes that last at a competitive price.

Visit SSK Footwear online: https://www.sskfootwear.com/

Going for gold: The sports industry is growing economies in Africa

In the past five years, the African markets have experienced positive growth. One of the main contributors to the growth of the African economy is the sports industry. If you install the Betway Mobile app, the sports action from Africa will impress you listed on the app. After being overlooked for a while, the African sports industry’s development has attracted the attention of major companies worldwide.

The Sports Industry in Africa at a Glance

Basketball is developing

In the recent past, the NBA’s growth highlighted the true potential of Africa’s sporting industry. As we speak, a Basketball African League (BAL) was established in 2019. This was a result of years of dedication from the industry, which started as Basketball Without Borders.

In 2017, an NBA Africa Academy was set up in Senegal, and it eventually evolved into commercial interest areas. In 2016, the league signed a multiyear contract with Econet Media to air more than 500 NBA and WNBA games every season.

The 12-team BAL became the first professional league the NBA owned and operated outside the USA. This is a clear sign that Africa’s sports market and the local talent can spur the association’s growth.

The NBA boss, Adam Silver, stated that the league was committed to using basketball as an economic stimulus to offer new opportunities in technology, sports, and media in the African continent. Statistics suggest that the African middle-class population will reach 1.1 billion by 2050.

It is also estimated that there will be 690 million smartphones in Africa by 2050. This offers a considerable broadcasting potential for the NBA. Betting industry giants like Betway will also relish an opportunity to tap into this potential.

Football remains the Real Deal

Even as basketball continues to establish a solid local fanbase, football remains the most loved sport in Africa. Each African country has a national league with hundreds of teams playing. The best teams from each league usually compete in the Confederation of African Football (CAF) tournament.

Nevertheless, African football fans remain huge admirers of European football. This love for top European leagues has forced broadcasters to find innovative ways of cashing in on the viewership. Besides, betting companies like Betway have a massive following in the continent because they offer fans a chance to bet on their favorite teams.

Sports leisure activities

The market for daily sport leisure activities is also on the rise in Africa. Activities like motorcycling, biking, cycling, and marathons are slowly becoming prevalent. For instance, there is an emerging leisure motocross and riding scene in Kenya that usually culminates in a national tournament.

In South Africa, the e-commerce Sports and Outdoor segment estimates for 2020 were 429-million USD, while the industry is also expected to grow at an 11.6% annual rate through 2024. Local marathons are also flourishing.

Bottom Line

The African continent has realized that sports activities offer an opportunity to diversify its economy. As a result, African governments are looking for innovative ways of tapping into this potential. Many experts believe that if the African continent can properly commercialize its sporting action, it has the potential of lifting many out of poverty.

Company Profile: T3 Diamonds – Premium Diamond & Jewellery Factory

Tshepo Molusi, CEO of T3 Diamonds, Premium Diamond & Jewellery Factory
Company History

T3 Diamonds is a registered diamond cutting and polishing as well as jewellery designing and manufacturing company based in Kimberley and it is 100% black owned. Rough diamonds are sourced from South Africa and the surrounding Southern African countries which are processed in our local facility in Kimberley.

T3 Diamonds was established with the intention of revolutionizing the diamond and jewellery industry through beneficiation of minerals that are sourced from Kimberley and the Northern Cape as well as the rest of the Southern African region (SADC). Our team of experts evaluate, sort, cut and polish them.

Diamond cutting is not only an art, but also a very exact science, which needs to be planned with mathematical precision.

Each diamond is unique, no two diamonds are the same (in rough form), which is just part of what makes this glittering gem so spectacular – from its formation deep within the Earth’s crust billions of years ago to the moment you showcase its beauty in the form of  a polish diamond and stunning jewellery creation.

Vision

To grow the market share both locally and internationally by producing world class certified polished diamonds and luxury jewellery goods.

Mission

Establish a global presence by delivering locally produced South African designed and manufactured authentic diamonds and jewellery products with the use of credibly sourced minerals.

Values and Principles

To deliver a quality service to our diverse clients locally, nationally and internationally with particular emphasis on the following principles:

  • Integrity
  • Quality
  • Transparency
  • Professionalism
  • Innovation
  • Accountability
Service Offering
  • Diamond cutting and polishing
  • Jewellery design and craftsmanship
  • Trading in rough diamonds
  • Certified loose stones
  • Custom made diamond jewellery
  • Investment stones

Jewellery design and manufacturing

Our custom jewellery will exceed your perception of beauty. We design our jewellery in the state of the art jewellery factory with the latest technology. We are located at the Kimberley Diamond and Jewellery Centre.

We take pride in our ability to capture your vision and to create unique pieces of jewellery that showcase our craftsmanship as well as your unique style. All our design sketches are done to scale, which ensures that you get exactly what you are looking for.

Our diamonds and jewellery

All of our loose diamonds are graded by GIA, EGL, IDL, DIA. Working with these laboratories alongside our own expertise means we can get the most value, beauty and brilliance out of a diamond.

All the way through the manufacturing process from planning to polishing, the level of detail required is unsurpassed, meaning the difference between a beautiful and brilliant diamond compared to a lifeless stone.

Diamond rings

Our team understands the importance of the correct diamond selection to suit an engagement ring’s design and occasion.

All our jewellery is custom made in either 18ct/9ct white or yellow gold, or silver.

Diamond cutting and polishing

Everyone understands the importance of a diamond’s cut. We analyze each stone to reveal the best cut suited to each stone so that the beauty of the stone can be enhanced and the value be maximized. Our expert diamond planners mark the diamond rough by considering the clarity, size and crystal direction of the stone so that the maximum potential of the stone can be extracted.

T3 Diamonds is able to deliver the best cut and polished diamonds to our clients across the world using the latest design technologies, years of diamond expertise, and streamlined processes. We offer manufacturing and consulting services by trained and qualified professionals in diamond manufacturing.

Explore our diamond inventory and get a glimpse into the quality of diamonds that we produce.

Worldwide exporting

We are export-ready and have qualified in all the necessary exporting training and skills through the Northern Cape Department of Economic Development and Tourism.

We are an ISO 9000 institution and deliver high standard quality products with guaranteed value for money.

Contact T3 Diamonds – Premium Diamond & Jewellery Factory

Please contact T3 Diamonds via the form below:

[contact-form-7 id=”1320″ title=”Northern Cape Department of Economic Development and Tourism”]

 

U.S and Western Cape trade and investment partnership launched

On 5 February 2021, the U.S. Consulate General in Cape Town and the Western Cape government jointly launched a Trade and Investment Promotion Partnership which will build on the momentum of the existing economic relationship to promote shared prosperity and economic development.

At the launch event, Western Cape Minister of Finance and Economic Opportunities, David Maynier, and U.S. Acting Consul General in Cape Town, Will Stevens, pledged to deepen cooperation and coordination to promote and increase bilateral trade and investment through various engagements, events, and high-level interactions.

The partnership will leverage the decades of innovative trade and investment promotion through the Western Cape’s agencies such as Wesgro, and the services, resources, and expertise of 17 U.S. government agencies to support U.S. and African businesses, and the African Growth and Opportunity Act (AGOA), which allows duty-free exports of more than 6,500 goods from Africa to the United States.

Speaking at the launch, Minister Maynier said, “The United States is a key tourism and business market for the Western Cape, and the biggest source of foreign direct investment for the Western Cape, so I am excited about the potential for further investment and economic growth for both regions through the Trade and Investment Promotion Partnership.”

Acting Consul General Stevens said, “The trade and investment promotion partnership builds on our strong relationship with the Western Cape and the U.S. government’s commitment to increasing our already robust trade and investment. The partnership also reflects the U.S. private sector’s increasing interest in investing in the Western Cape and the potential for further expanding bilateral trade.”

The economic relationship between the United States and the Western Cape is robust and growing. The Western Cape’s diverse and dynamic economy attracts investment from U.S. companies—big and small—and the United States has been the top foreign direct investor in the Western Cape for many years. U.S. companies have invested in the province, have created tens of thousands of jobs, offer training and skills development, and support local communities through outreach and humanitarian programs in the Western Cape.

Bilateral trade between the United States and the Western Cape is increasing. Over the last 20 years, trade has risen by 335 percent and is currently valued at approximately 17 billion Rand annually. In 2020, bilateral trade grew despite the COVID-19 pandemic. This growth included a 68 percent increase in citrus exports and a 78 percent increase in wine exports to the United States. Hundreds of companies in the Western Cape export to the United States as part of this reciprocal trade. Western Cape companies are also setting up operations in the United States or forming commercial partnerships with U.S. companies.

Download the United States and Western Cape Trade and Investment Partnership Fact Sheet

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