The South African Diamond Board (SADB) has reached an out-of-court settlement with DVIC Valuations, the government-appointed diamond valuator, resulting in the Board paying DVIC R3.7 million, Board ...

The Diamond Board’s chief executive officer was suspended this week and replaced by a man who presided over a government office that was raided after allegations of corruption and fraud this month.

The Diamond Board has added damning new charges to its case against its CEO Victor Sibiya, whom it accuses of failing to disclose business ties with a director of a company that won a major government ...

The suspension and eventual removal of Victor Sibiya as CEO of the Diamond Board was preceded by an extraordinary deterioration in the relationship between Sibiya and board members, some of whom he ...