African board members appointed by Dubai Diamond Exchange

The Dubai Diamond Exchange (DDE), a subsidiary of Dubai Multi Commodities Centre (DMCC), has further expanded its board of directors by appointing South African Diamond and Precious Metals Regulator (SADPMR) CEO Levy Rapoo who is responsible for regulating the flow of diamonds and precious metals from South Africa. He will also play a key advisory role to Suasan Shabangu, South Africa's Minister of Mineral Resources on matters pertaining to the Kimberley Process, diamonds as well as gold and platinum.

Zimbabwe Ministry of Mines and Mining Development permanent secretary Professor Francis Pedzana Gudyanga is also appointed and he has replaced Prince Mupazviriho, who also served on DDE's board. The executive chairman of DMCC, Ahmed bin Sulayem has stated that the DDE is well positioned to support to African producing countries that want to trade through Dubai in order to satisfy demand coming from Asia.