DTC Flight 79 – Not Final
December 27, 07 by Chaim Even-ZoharWhen flights are midair, the expected arrival time often remains “not final” until the plane gets close to its final destination. The 79 Diamond Trading Company (DTC) Sightholders are still in the air. The final contract will land on their desks... Read More...
On Leave
December 20, 07 byOur columnist, Chaim Even-Zohar, is on leave. He wishes all of you a merry Christmas and a Healthy and Prosperous New Year. Read More...
Forevermark: the New De Beers Monopoly?
December 13, 07 by Chaim Even-ZoharForget the news of the revised Diamond Trading Company (DTC) Sightholder list. A far more significant De Beers decision, which was posted this week through an innocuous letter on the DTC intranet, will have far more ramifications than anything else on future Sightholder status and the meaning of Sightholder value. Read More...
Choosing DTC Sightholders: A Game of Power, Principles and Profiles
December 06, 07 by Chaim Even-ZoharGerman political economist and sociologist Max Weber once defined “power” as the ability to impose one's will "even in the face of opposition from others." The internal corporate power plays at De... Read More...
Sierra Leone’s Presidential Beneficiation Visions: A Reality Test
November 29, 07 by Chaim Even-ZoharSierra Leone plans to join the diamond beneficiation craze that is already redefining the diamond scenes in the southern African countries. Read More...
Is De Beers Running Scared?
November 22, 07 by Chaim Even-ZoharOur recent comments about De Beers risking damage to its own brand equity by failing to enforce Best Practice Principles (BPP) did not specifically address a much more potent issue: what are the ramifications of non-compliance on the overall... Read More...
Rough Ethics in New York
November 15, 07 by Chaim Even-ZoharThe widely reported public letter sent by the Diamond Manufacturers & Importers of America (DMIA) to the Diamond Trading Company’s (DTC) managing director Varda Shine, evokes a variety of mixed emotions. The exercise through which a... Read More...
De Beers Must Enforce Its Best Practice Principles – Or Irreparably Damage its Brand Equity
November 08, 07 by Chaim Even-ZoharThe moment of truth has arrived. The gulf between De Beers' management’s endless speeches about Best Practice Principles, business ethics and integrity and its own enforcement of these principles... Read More...
For Unsuccessful DTC Applicants: Sightholders Anonymous...
November 01, 07 by Chaim Even-ZoharIf, for many years, you have been addicted to Diamond Trading Company (DTC) Sights and suddenly face life without them, don’t despair. The DTC is about to launch its “Sightholder Support Programme, a package designed to assist those clients who will no longer be Sightholders from 31st... Read More...
Deja Vu: Another EC Investigation into De Beers
October 25, 07 by Chaim Even-ZoharWhen the European Court of First Instance annulled the European Commission (EC)-De Beers agreement in which De Beers committed itself to cease rough diamond purchases from Alrosa after 2009, we concluded that the EC may have no choice but to reconsider... Read More...
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