STATE DIAMOND TRADER
NOMINATION OF CANDIDATES TO SERVE AS MEMBERS OF THE BOARD OF THE STATE DIAMOND TRADER The State Diamond Trader (SDT) is a State-Owned Entity established in terms of section 14 of the Diamonds Act, 1986 (Act No. 56 of 1986), as amended (the Diamonds Act). The SDT’s main business is to buy and sell rough diamonds in order to promote equitable access to beneficiation of diamond resources. Nominations are invited from candidates to serve as members of the SDT Board for a period of three (3) years In terms of section 17 of the Diamonds Act, 1989, as amended, the Board of the SDT shall consist of not more than fifteen (15) members appointed by the Honourable Minister of Mineral Resources and Energy (DMRE). The Board shall consist of, amongst others, the following members: In terms of section 17 of the Diamonds Act, 1989, as amended, the Board of the SDT shall consist of not more than fifteen (15) members appointed by the Honourable Minister of Mineral Resources and Energy (DMRE). The Board shall consist of, amongst others, the following members: (a) A Chairperson; (b) Three persons from the industry, representing producers, diamond beneficiators and jewellery manufactures; (c) At least three persons representing investors or lenders of capital contemplated in section 17f(1)(a) of the Act; and (d) Three persons nominated by an association or associations which represent employees of diamond beneficiators. Interested candidates possessing extensive qualifications and/or experience/skills in any one, or more, of the following disciplines or areas of expertise are encouraged to submit their applications: (a) A relevant postgraduate degree or equivalent qualification. (b) At least 15 years’ experience in a senior leadership / director position preferably in the minerals and mining sector, diamond beneficiation, jewellery manufacturing or related fields. (c) Dynamic, highly competent, possess distinctive and practical leadership qualities and skills; and (d) Demonstrated track record as a Non-Executive Director in minerals and mining related large and complex organisations. Nomination forms should be accompanied by a comprehensive curriculum vitae, qualifications, and a certified ID copy. Applicants must also submit a comprehensive cover letter indicating (amongst other things) the following:- (a) Whether or not the applicant has a criminal record; (b) Whether or not the applicant has ever been disqualified, placed on probation or declared a delinquent Director in accordance with the prescripts of the Companies Act, 2008 (Act No 71 of 2008); (c) Details of any defaults, judgments or legal proceedings instituted by or against the applicant in the last 5 years (including disciplinary proceedings initiated by a current or former employer); (d) Disclosure of current and/or potential interests in contracts, shareholdings or influence in all registered entities (including those in the energy sector); and (e) Any other information that may be of assistance to the Minister in considering the application. Candidates must strictly be South African citizens or holders of permits as permanent residents in the Republic who are not disqualified to serve as Directors of companies. Nomination forms are available at http://www.energy.gov.za – under the headings “Links” – *State Owned Enterprises”). Applications should be emailed to SOE@energy.gov.za CLOSING DATE: 4 March 2024 at 16h00. Enquiries can be directed to: Mr. J Phora at (012) 406 7775 or e-mail Jack.Phora@dmre.gov.za Full advert download below SDT Board member Advert 2024 NOMINATION FORM SDT ADVERT-11 FEB 2024
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