De Beers’ Venetia mine launches multimillion-rand empowerment deal

Diamond miner De Beers has announced the launch of a major empowerment deal related to the transportation of employees to and from its operations at the Venetia diamond mine, in Limpopo. In a high-impact, local procurement and empowerment initiative, Venetia mine, in partnership with VM Diamond Transport, are seeking to engage with businesses owned by local historically disadvantaged South Africans to become 40% shareholders in the bus companies that are soon to be established in Musina and Blouberg.