Category: Business
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As Venetia mine transitions underground, SA’s diamond production drops to 6m carats
Diamond mining production in South Africa has hit a 10-year low. The country was producing an average of 8.5-million carats a year, but by 2023 this had dropped to 6.1-million carats. The reason for this is that De Beers’ Venetia diamond mine reached the end of its open-pit operations in December 2022. The mine, which…
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SA steps up to meet growing global demand for avos
The world can’t get enough avocados, and South African farmers are capitalising on the soaring demand for this popular superfruit. Exports have increased by 63% over the past decade, according to the SA Avocado Growers’ Association. About 74,4000 tonnes of avocados were exported last year, just 9,500 shy of 2018’s record. ITC figures show the…