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Transcript of STATE DIAMOND TRADERpmg-assets.s3-website-eu-west-1.amazonaws.com/...The State Diamond Trader is a...
STATE DIAMOND TRADER
ANNUAL PERFORMANCE PLAN
2019-2020PR64/2019
ISBN: 978-0-621-47145-8
STRIVING TOWARDS BEING THE HEARTBEAT OF DIAMOND BENEFICIATION IN AFRICA
The State Diamond Trader strives to be a catalyst for the growth of the diamond and local beneficiation industry.
Official Sign-OffList of Acronyms and Abbreviations
Part A: Strategic Overview1. About Us and Legislative Mandate
2. Vision
3. Mission
4. Developing the 2019-2020 Annual Performance Plan
5. Entity’s Strategic Outcomes aligned to the National Development Plan and the Department of Mineral Resources
6. Strategic Objectives and Outcomes
7. Operating Environment
7.1 Purchasing locally and from outside countries
7.2 The Status of local supply
7.3 Global Influence
7.4 Resource Mobilisation
Part B: Annual Performance Plan8. Annual Performance Plan
Part C: Allocation of Budget9. Budget Allocation
(i)
(ii)
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2
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3
3-4
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7
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9 - 12
14 - 18
CONTENTS PAGE
(ii)
Official Sign-Off
It is hereby certified that the 2019/2020 Annual Performance Plan:
- was developed by the Management of the State Diamond Trader under the guidance of the Board;- considers all the relevant policies, legislation and other mandates guiding the entity; - accurately reflects the strategic outcome-orientated goals and objectives which the State Diamond Trader will endeavour to achieve over the period 2019/2020 financial year.
Mr Stanley Mandla Mnguni Signature Chief Executive Officer
Approved by: Accounting Authority and signed on its behalf by:
Mr Mervyn Jacques Carstens Signature Chairperson of the Board
(i)
ACRONYM
AG
APP
CEO
DMR
EDP
HDSA
IDC
MoU
NDP
PFMA
SADPMR
ROM
SDT
SA
MEANING
Auditor-General
Annual Performance Plan
Chief Executive Officer
Department of Mineral Resources
Enterprise Development Programme
Historically Disadvantaged South Africans
Industrial Development Corporation
Memorandum of Understanding
National Development Plan
Public Finance Management Act
South African Diamond and Precious Metals Regulator
Run of Mine
State Diamond Trader
South Africa
LIST OF ACRONYMS
(ii)
PART ASTRATEGIC OVERVIEW
2
1. About us and Our legislative mandateThe State Diamond Trader is a state-owned entity established in terms of Section 14 of the Diamonds Act 56, 1986, as amended. The State Diamond Trader is a schedule 3B entity in terms of the Public Finance Management Act (PFMA), 1999, as amended and it operates in the diamond industry with the aim to grow local diamond beneficiation. The mandate of the State Diamond Trader is to buy and sell rough diamonds and to promote equitable access to and beneficiation of the country’s diamond resources. The entity strives to address distortions created by the country’s historical exclusion of certain population groups from economic participation. It aims to grow South Africa’s diamond cutting and polishing industry by enabling and increasing participation of Historically Disadvantaged South Africans (HDSAs) in the diamond beneficiation industry. The entity is empowered by law to purchase up to 10% of the run of mine production from all diamond producers in South Africa. It sells to registered customers through an application and approval process.
2. Vision
To be a catalyst for transformation and growth of the local diamond beneficiation industry.
3. Mission
• Ensure acquisition of and equitable access to rough diamonds, with a particular focus on Historically Disadvantaged South Africans.• Promote the growth of the diamond beneficiation industry through relevant interventions.• Establish and maintain a transformed client base of local diamond beneficiators.
3
4. Developing the 2019-2020 Annual Performance Plan
This Annual Performance Plan (APP) was reviewed at a strategic session held in October 2018. The Board and Management were able to identify major challenges that impacted the industry since the tenure of the Board. This document acknowledges progress made so far in transforming the industry, more so considering the positive upward trend in the participation and increase in sales of this resource to and by Historically Disadvantaged South Africans (HDSA). Yet, a lot more still needs to be done to grow the local diamond beneficiation industry. The APP further addresses issues required to accelerate the achievement of goals and other outcomes set by the entity.
In developing the APP, a strategic assessment of the entity and its environment was carried out to identify key strengths, opportunities, weaknesses and threats. The strengths and opportunities identified will be leveraged, and the weaknesses and threats observed will be ameliorated through programmes that will be carried out to achieve thelegislative mandate of the entity.
5. The SDT’s strategic outcomes and their alignment to the NDP and DMRThe National Development Plan (NDP) aims to eliminate poverty and reduce inequality by 2030. As envisioned by the NDP, South Africa (SA) requires higher levels of GDP growth so it can effectively deal with the challenges of inequality poverty, and unemployment.
The country aims to harness opportunities in some of the key sectors of the economy including Mining. As a state-owned entity overseen by the Department of Mineral Resources (DMR), the State Diamond Trader mandate and key activities are geared towards achieving the strategic imperatives outlined in the NDP. To achieve this, the State Diamond Trader seeks to fast track economic growth and transformation by building a capable developmental state. As part of its role to ensure success of the NDP, both the DMR and the State Diamond Trader are committed to ensuring increased investment and transformation in the minerals and mining sector.
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NDP Initiatives DMR Objectives SDT Outcomes SDT Objectives
4
Increased investment in the minerals and mining sector
Transformed minerals sector
Growth in employment and
industry
Equitable access to rough diamonds by local diamond
A capable and developmental
organisation
Building a capable and developmental state
Decent employment through inclusive economic growth
Increase the amount by carats of rough diamonds sold on primary allocation
by 10% annually.
Increase local beneficiation of -3 grainer gem quality and all sizes of near gem
quality and industrial diamonds by SDT clients to 10 000 carats per annum by
2022/2023
Promote growth of the diamond beneficiation
industry through Enterprise Development Programme
A transformed domestic diamond beneficiation
industry
Profile and communicate programmes aimed at promoting the entities
brand, access to markets and improving relations
with relevant stakeholders.
Meet 30% Mass rough diamonds requirements of
clients by 2022/23
Be a knowledge-based organisation
Promote corporate governance and be financially viable
The Table below illustrates the alignment of the State Diamond Trader’s strategic outcomes and strategic objectives to the initiatives of the NDP and strategic goals of the DMR.
PART BANNUAL PERFORMANCE PLAN
6. Strategic Objectives The strategic objectives specified in this section will be used to realise the outcomes of the State Diamond Trader. To ensure alignment, each strategic outcome is associated with at least
6
STRATEGIC OBJECTIVES
Increase the amount by carats of rough diamonds sold on primary allocation by 10% annually.
Increase local beneficiation of -3 grainer gem quality and all sizes of near gem quality and industrial diamonds by State Diamond Trader.clients to 10 000 carats per annum by 2022/2023.
Promote growth of the diamonds beneficiation industry through Enterprise Development Programme.
Profile and communicate programmes aimed at promoting the entities brand, access to markets and improving relations with relevant stakeholders.
Meet 30% mass rough diamonds requirements of clients by 2022/2023
Be a knowledge- based organisation.
Promote corporate governance and be financially viable.
STRATEGIC OUTCOMES
Growth in employment and diamond beneficiation by the local diamond beneficiation industry.
A transformed domestic diamond beneficiation industry.
Equitable access to rough diamonds by local diamond beneficiators.
A capable and developmental organisation.
7. Operating Environment 7.1 Purchasing rough diamonds locally and from outside countries
The Government of the Republic of South Africa created the State Diamond Trader as a vehicle to address market failures and the decline in the local diamond beneficiation sector. The objective of the entity’s legislative mandate is to provide equitable access to the resource thereby promoting local beneficiation of the country’s diamonds. The legislation Inter Alia enables the State Diamond Trader to purchase up to 10% of the total Run of Mine production from all local diamond producers in the country as well as to source rough diamonds from other diamond producing countries to support a sustainable local diamond beneficiation industry.
7.2 The status of local supply
Challenges confronting beneficiation of the resource locally include, a volatile exchange rate, erratic supply of the resource and the growing threat of lab grown diamonds. An analysis of the country’s production in the last few years shows that only about 15% by carats of diamonds mined in South Africa are preferred by the State Diamond Trader’s clients for local beneficiation. Despite on-going development of new small diamond projects over the last decade, there’s been no significant diamond mine discoveries in South Africa. The State Diamond Trader has observed a significant drop in production levels from mainstream producers. It is further anticipated that the industry will be severely impacted by the closure of Venetia Mine due to expansion works. Production is expected to improve and stabilise in 2022 when the Ventia Mine will resume full production.
Against this background, State Diamond Trader’s annual performance plan is geared towards addressing the anticipated challenges with the view to stabilise the industry in the long-term. In addition, policy certainty in the mining industry including government’s commitment to attract investment will contribute positively to the industry’s sustainability. Accordingly, the State Diamond Trader is strategically positioned to grow the local diamond Industry.
7.3 Global Influence
Sentiments in the diamond industry improved after a relatively good 2018 holiday season, but traders and beneficiators were concerned with low profit margins, excess supply and selective demand. With the launch of De Beers lab-grown diamond jewellery (Lightbox) in 2018, the diamond industry has moved from a relatively stable environment to a highly uncertain environment this had a negative impact on the lower quality range, especially with a decline in price for smaller size diamonds. Traders to hold lower inventories and be less aggressive in buying, and employ “a wait and see strategy”. Focus tends to be concentrated on the larger size of rough diamonds that have more attractive margins.
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The weak bargaining position of players in this sector relative to rough diamond producers and diamond jewellery retailers, results in a position of eroded profit margins due to limited scope to negotiate prices. This led to rough diamond beneficiation activities migrating from high-cost diamond beneficiation centres to the two lowest cost centres in India and China.
7.4 Resource Mobilisation
Despite financial constraints, the State Diamond Trader appreciates that it is mandated to advance local beneficiation while it remains a commercially viable entity. The fact that the entity does not receive funding from the fiscus is the reason it has embarked on resource mobilisation initiatives aimed at sourcing additional funding from the state and other credible sources.
Although the entity can source rough diamonds from other countries to boost its revenue, it is constrained by lack of financial resources required to effectively adopt this strategy. It is with these considerations in mind that this annual performance plan was developed. It’s imperative that the State Diamond Trader achieve its objectives against the backdrop of a challenging operating environment.
Qu
arte
rly
Targ
ets
9
Str
ateg
ic
Ob
ject
ives
Incr
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the
amou
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rats
of
roug
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old
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Incr
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iatio
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gem
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all s
izes
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onds
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T cl
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ats
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9
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Ann
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Ann
ually
Ann
ually
Qu
arte
rly
Targ
ets
12
PART CALLOCATION OF BUDGET
SUMMARY OF STATEMENT OF COMPREHENSIVE INCOME
DIAMOND PURCHASES AND SALES OF THE STATE DIAMOND TRADER
14
Sales
Less Cost of Goods Sold
Gross Profit
Less OverheadsOf which:SalariesLeasesComputer and other ITTravelFeesOther
EBIT
Interest Income Interest Expense
Net Profit
2019/20
615,722,475
586,402,357
29,320,118
29,659,841
16,191,536660,508715,590
2,470,3342,176,7007,445,172
(339,723)
3,538,307(1,058,664)
2,139,920
2020/21
630,560,125
600,533,452
30,026,673
29,469,927
16,916,583702,780751, 369
2,593,8512,285,5356,219,809
560,221
2,743,391(1,242,767)
2,060,845
2021/22
615, 282,372
585,983,212
29,299,161
30,948,592
17,997,50742,839788,938
2,723,5442,295,5976,399,725
(1,649,431)
3,226,937(281,467)
1,296,039
2022/23
698,054,874
664,822,133
33,232,741
32,422,088
18,530,688803,594828,385
2,859,7212,847,7816,551,920
810,659
2,674,519(1,445,844)
2,039,334
2023/24
733,475,625
698,548,214
34,927,411
33,575,651
19,079,409883,953853,236
2,646,9423,130,4536,981,658
1,351,760
2,875,563(1,624,080)
2,603,242
Value of Diamonds Inspected from Producers (USD)
Value of Diamonds Acquired in USD
% of Annual Production Purchased
Value of Diamonds Acquired in ZAR
Average Rand/USD Rate
Budgeted Closing Stock
Cost of Diamonds Sold
Sales Revenue in ZAR
2019/20
1,292,140,000
45,066,063
3.5%
584,506,841
13.33
7,701,423
586,402,357
615,722,475
2020/21
1,227,533,000
45,111,838
3.7%
601,340,797
13.33
8,508,768
600,533,452
630,560,125
2021/22
1,190,707,010
42,924,988
3.6%
585,926,082
13.65
8,451,638
585,983,212
615,282,372
2022/23
1,262,149,431
47,544,931
3.8%
661,825,438
13.92
5,622,118
664,654,958
698,054,874
2023/24
1,262,149,431
50,114,064
4.0%
702,764,803
13.92
9,838,707
698,548,214
733,475,625
9. BUDGET ALLOCATION
2021/22
(1,649,431)
(9,148,899)
(8,451,638)
(697,260)
-
(10,798,330)
3,226,937
(281,467)
(7,852,860)
0
-
57,075,269
(57,075,269)
0
(7,852,860)
40,012,995
32,160,135
BUDGETED ANNUAL CASH FLOW STATEMENTS
Earnings Before Interest and Tax
Working capital changes
- (Increase)/Decrease in Inventory
- Increase/(Decrease) in Accounts Payable - (Increase)/Decrease in Accounts Receivable
Cash generated/(utilised) from operations
Interest received
Interest paid
Net cash inflow / (outflow) from operating activities
Cash flows from investing activities
Acquisition of Fixed Assets
Net cash inflow/(outflow) from investing activities
Cash flows from financing activities
Revolving credit facility raised
Revolving credit facility (repaid)
Net cash inflows / (outflows) from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Cash and cash equivalents at end of period
2019/20
(339,723)
(3,019,078)
(7,701,423)
4,682,345
0
(3,358,801)
3,538,307
(1,058,664)
(879,158)
(500,000)
(500,000)
214,673,594
(214,673,594)
0
(1,379,158)
46,057,177
44,678,019
2020/21
560,221
(4,125,869)
(8,508,768)
4,382,899
0
(3,565,647)
2,743,391
(1,242,767)
(2,065,024)
(2,600,000)
(2,600,000)
252,005,528
(252,005,528)
0
(4,665,024)
44,678,019
40,012,995
2021/22
(1,649,431)
(9,148,899)
(8,451,638)
(697,260)
-
(10,798,330)
3,226,937
(281,467)
(7,852,860)
0
-
57,075,269
(57,075,269)
0
(7,852,860)
40,012,995
32,160,135
2022/23
810,659
2,996,695
2,996,695
-
-
3,807,355
2,674,519
(1,445,844)
5,036,030
-
-
293,184,966
(293,184,96)
5,036,030
32,160,135
37,196,165
2023/24
1,351,760
-
-
-
0
1,351,760
2,875,563
1,624,080
2,603,242
0
-
329,327,366
(329,327,366)
2,603,242
37,196,165
39,799,407
15
16IDC
RE
VO
LVIN
G C
RE
DIT
FA
CIL
ITY
Ope
ning
Bal
ance
Am
ount
dra
wn/
adva
nced
Inte
rest
exp
ense
Inte
rest
pai
dC
apita
l pai
d
Clo
sing
bal
ance
Inte
rest
Rat
e:
12
.25%
Ave
rag
e d
ays
to r
pm
t
10.
00
Ave
rag
e d
ays
to r
pm
t
15.
00 Ap
r-19 0
26,7
47,4
5396
,181
(96,
181)
(26,
747,
453) 0
May
-19 0
42,4
96,6
4815
2,81
3(1
52,8
13)
(42,
496,
648) 0
Jun
-19 0
17,9
82,4
9564
,663
(64,
663)
(1
7,98
2,49
5) 0
Jul-
19 067
,075
,382
241,
196
(241
,196
)(6
7,07
5,38
2) 0
Au
g-1
9 013
,008
,250
46,7
76(4
6,77
6)
(13,
008,
250) 0
Sep
-19 0
60,7
71,5
3521
8,52
8 (2
18,5
28)
(60,
771,
535) 0
Oct
-19 0
13,0
08,2
5046
,776
(46,
776)
(13,
008,
250) 0
No
v-19 0
73,5
55,4
9626
4,49
8 (2
64,4
98)
(73,
555,
496) 0
Dec
-19 0
26,7
47,4
5396
,181
(96,
181)
(2
6,74
7,45
3) 0
Jan
-20 0
73,2
53,7
5926
3,41
2 (2
63,4
12)
(73,
253,
759) 0
Feb
-20 0
31,3
14,3
3711
2,60
3 (1
12,6
03)
(31,
314,
337) 0
Mar
-20 0
70,6
30,0
7225
3,97
8 (2
53,9
78)
(70,
630,
072) 0
TOTA
L 051
6,59
1,13
01,
857,
605
(1,8
57,6
05)
(516
,591
,130
) 0
IDC
RE
VO
LVIN
G C
RE
DIT
FA
CIL
ITY
Ope
ning
Bal
ance
Am
ount
dra
wn/
adva
nced
Inte
rest
exp
ense
Inte
rest
pai
dC
apita
l pai
d
Clo
sing
bal
ance
Ap
r-20 0
26,1
15,3
7293
,908
(93,
908)
(26,
115,
372) 0
May
-20 0
38,8
43,6
0613
9,67
7 (1
39,6
77)
(38,
843,
606) 0
Jun
-20 0
19,5
86,5
2970
,431
(70,
431)
(1
9,58
6,52
9) 0
Jul-
20 064
,578
,630
232,
218
(232
,218
)(6
4,57
8,63
0) 0
Au
g-2
0 013
,057
,686
46,9
54(4
6,95
4)
(13,
057,
686) 0
Sep
-20 0
57,8
79,0
5920
8,12
7 (2
08,1
27)
(57,
879,
059) 0
Oct
-20 0
14,9
23,0
7053
,662
(53,
662)
(14,
923,
070) 0
No
v-20 0
67,2
88,1
942
241,
961
-241
,961
(67,
288,
194) 0
Dec
-20 0
29,8
46,1
3910
7,32
3(1
07,3
23)
(29,
846,
139) 0
Jan
-21 0
72,1
74,2
5125
9,53
1 (2
59,5
31)
(72,
174,
251) 0
Feb
-21 0
37,3
07,6
7413
4,15
4 (1
34,1
54)
(37,
307,
674) 0
Mar
-21 0
55,4
96,5
5519
9,56
0 (1
99,5
60)
(55,
496,
555) 0
TOTA
L 049
7,09
6,76
41,
787,
505
-1,7
87,5
05-4
97,0
96,7
64 0
IDC
RE
VO
LVIN
G C
RE
DIT
FA
CIL
ITY
Ope
ning
Bal
ance
Am
ount
dra
wn/
adva
nced
Inte
rest
exp
ense
Inte
rest
pai
dC
apita
l pai
d
Clo
sing
bal
ance
Ap
r-21 0 0 0 - - 0
May
-21 0
4,10
7,96
120
,258
(20,
258)
(4,1
07,9
61) 0
Jun
-21 0 0 0 - - 0
Jul-
21 021
,936
,098
108,
178
(108
,178
) (2
1,93
6,09
8) 0
Au
g-2
1 0 0 0 -
-
0
Sep
-21 0
15,1
52,8
7974
,727
(74,
727)
(15,
152,
879) 0
Oct
-21 0 0 0 -
-
0
No
v-21 0 0 0 -
-
0
Dec
-21 0 0 0 -
-
0
Jan
-22 0 0 0 -
-
0
Feb
-22 0 0 0 -
-
0
Mar
-22 0
15,8
78,3
3178
,304
(78,
304)
(15,
878,
331) 0
TOTA
L 057
,075
,269
281,
467
-281
,467
-57,
075,
269 0
17IDC
RE
VO
LVIN
G C
RE
DIT
FA
CIL
ITY
Ope
ning
Bal
ance
Am
ount
dra
wn/
adva
nced
Inte
rest
exp
ense
Inte
rest
pai
dC
apita
l pai
d
Clo
sing
bal
ance
Ap
r-22 0
22,4
98,6
6011
0,95
2(1
10,9
52)
(22,
498,
660) 0
May
-22 0 0 0 -
-
0
Jun
-22 0
54,9
54,7
5427
1,01
0(2
71,0
10)
(54,
954,
754) 0
Jul-
22 028
,929
,848
142,
668
(142
,668
) (2
8,92
9,84
8) 0
Au
g-2
2 016
,543
,909
81,5
86(8
1,58
6)(1
6,54
3,90
9) 0
Sep
-22 0 0 0 -
-
0
Oct
-22 0
53,4
76,3
0826
3,71
9(2
63,7
19)
(53,
476,
308) 0
No
v-22 0
27,1
42,5
7413
3,85
4 (1
33,8
54)
(27,
142,
574) 0
Dec
-22 0
14,7
11,8
9372
,552
(72,
552)
(14,
711,
893) 0
Jan
-23 0 0 0 -
- 0
Feb
-23 0
50,5
99,3
4224
9,53
1(2
49,5
31)
(50,
599,
342) 0
Mar
-23 0
24,3
27,6
78 1
19,9
72(1
19,9
72)
(24,
327,
678) 0
TOTA
L 029
3,18
4,96
61,
445,
844
-1,4
45,8
44 -2
93,1
84,9
66 0
IDC
RE
VO
LVIN
G C
RE
DIT
FA
CIL
ITY
Ope
ning
Bal
ance
Am
ount
dra
wn/
adva
nced
Inte
rest
exp
ense
Inte
rest
pai
dC
apita
l pai
d
Clo
sing
bal
ance
Ap
r-23 0 0 0 -
-
0
May
-23 0
30,4
86,3
3415
0,34
4(1
50,3
44)
(30,
486,
334) 0
Jun
-23 0
21,1
43,3
4310
4,26
9 -(
104,
269)
(21,
143,
343) 0
Jul-
23 059
,375
,912
292,
813
(292
,813
)(5
9,37
5,91
2) 0
Au
g-2
3 0 0 0 -
-
0
Sep
-23 0
59,4
81,8
0229
3,33
5(2
93,3
35)
(59,
481,
802) 0
Oct
-23 0 0 0 -
-
0
No
v-23 0
45,7
48,0
4422
5,60
7(2
25,6
07)
(45,
748,
044) 0
Dec
-23 0 0 0 -
-
0
Jan
-24 0
53,1
92,0
9226
2,31
7 (2
62,3
17)
(53,
192,
092) 0
Feb
-24 0 0 0 -
-
0
Mar
-24 0
59,8
99,8
3929
5,39
6 (2
95,3
96)
(59,
899,
839) 0
TOTA
L 032
9,32
7,36
61,
624,
080
-1,6
24,0
80-3
29,3
27,3
66 0
18
Ap
r-19 - - - 0
Ap
r-20 - - - 0
Ap
r-21 - - - - 0
Ap
r-22 - - - - 0
Ap
r-23 - - - - 0
Com
pute
r equ
ipm
ent a
nd s
oftw
are
Secu
rity
equi
pmen
t and
Dia
mon
d M
achi
nery
Furn
iture
Vehi
cle
Com
pute
r equ
ipm
ent a
nd s
oftw
are
Secu
rity
equi
pmen
t and
Dia
mon
d M
achi
nery
Furn
iture
Vehi
cle
Tota
l
Com
pute
r equ
ipm
ent a
nd s
oftw
are
Secu
rity
equi
pmen
t and
Dia
mon
d M
achi
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Furn
iture
Vehi
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Tota
l
Com
pute
r equ
ipm
ent a
nd s
oftw
are
Secu
rity
equi
pmen
t and
Dia
mon
d M
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Furn
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Tota
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Com
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oftw
are
Secu
rity
equi
pmen
t and
Dia
mon
d M
achi
nery
Furn
iture
Vehi
cle
Tota
l
May
-19
- -
500,
000
500,
000
May
-20
-80
0,00
1,20
0,00
0-
2,00
0,00
0
May
-21
- - - - 0
May
-22
- - - - 0
May
-23
- - - - 0
Jun
-19
- - - 0
Jun
-20
- - - 0
Jun
-21
- - - - 0
Jun
-22
- - - - 0
Jun
-23
- - - - 0
Jul-
19 - - - 0
Jul-
20 - - - 0
Jul-
21 - - - - 0
Jul-
22 - - - - 0
Jul-
23 - - - - 0
Au
g-1
9
- - - 0
Au
g-2
0
- -
600,
000
600,
00
Au
g-2
1
- - - - 0
Au
g-2
2
- - - - 0
Au
g-2
3
- - - - 0
Sep
-19
- - - 0
Sep
-20
- - - 0
Sep
-21
- - - - 0
Sep
-22
- - - - 0
Sep
-23
- - - - 0
Oct
-19
- - - 0
Oct
-20
- - - 0
Oct
-21
- - - - 0
Oct
-22
- - - - 0
Oct
-23
- - - - 0
No
v-19
- - - 0
No
v-20
- - - 0
No
v-21
- - - - 0
No
v-22
- - - - 0
No
v-23
- - - - 0
Dec
-19
- - - 0
Dec
-20
- - - 0
Dec
-21
- - - - 0
Dec
-22
- - - - 0
Dec
-23
- - - - 0
Jan
-20
- - - 0
Jan
-21
- - - 0
Jan
-22
- - - - 0
Jan
-23
- - - - 0
Jan
-24
- - - - 0
Feb
-20
- - - 0
Feb
-21
- - - 0
Feb
-22
- - - - 0
Feb
-23
- - - - 0
Feb
-24
- - - - 0
Mar
-20
- - - 0
Mar
-21
- - - 0
Mar
-22
- - - - 0
Mar
-23
- - - - 0
Mar
-24
- - - - 0
TO
TAL
- - -50
0,00
500,
00
TO
TAL
-80
0,00
1,20
0,00
600,
002,
600,
00
TO
TAL
- - - - 0
TO
TAL
- - - - 0
TO
TAL
- - - - 0
Physical Address225 Main StreetMarshalltownJohannesburg2001
Postal AddressPO Box 61212Marshalltown2107
+27 (0)11 334 2691+27 (0)11 334 1540infosdt@statediamondtrader.gov.zawww.statediamondtrader.gov.za@SDT_RSA State Diamond Trader Sdt
PR64/2019 ISBN: 978-0-621-47145-8
