The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Small rough diamonds are sorted at Belgian diamond company Rosy Blue in Antwerp, Belgium February 2018. [Photo: Reuters]
Angola plans a new system for selling rough diamonds as part of President João Lourenço’s efforts to increase investment, production and government revenue, a draft decree shows.
Diamond producers say they have struggled to make money in Angola due to a marketing system that obliged them to sell at below international prices, leading them to largely shun one of the world’s most exciting prospects for the precious stones.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.