Diamond mines the republic of South Africa are precious items that are found in Africa and the world as a whole. The presence and significance of diamonds in South Africa is a true reflection of the diversity in the methodologies of performance in many organizations. As observed in the amounts of diamonds in the world, South Africa stands out to be one of the equable sources of the product in the market. The changing market trends have attracted expanse or marketing of diamonds as a basic facet that leads to an equitable realization of the procedures of growth and development in the field. The first and exact scientific realization of diamonds in South Africa was done in the Cape Town. A prominent member called Professor Emil Cohen made this discovery. This activity happened in 1872 when Cohen visited the republic of South Africa. The discoveries done by Cohen are still signing up today since it resulted in what is now one of the archaeological discovery made in the region. After this major discovery, there are many other discoveries of the same product that have been realized in the region (Robertson, 1974).
Diamond is also called the star of the South Africa. This refers to a white substance diamond that was earlier found by a Griqua shepherd boy in the early 1860s. The boy found this substance at the riverbanks of the Vaal River. This piece of diamond escalated more intention and strategies to find more of the substance since it was later discovered to be a precious stone. The increasing demand for more of the substance led to more and increased discoveries in the region. The monopolistic activities that took place after the discovery of the substance increased arguably (Worger, 1987).
The discovery of diamond in South Africa attracted many foreign and local people who wanted to make a profit on what was taking place in the region. The monopoly diamonds are regarded as part of the diamond product that is taken from the region and later used as substances for earning foreign exchange in the field. Diamond has turned the economic standards of the country since it was discovered. The tides of economic activities and foreign exchange have been influenced by the influx of the product in the market (Beck, 2000). Moreover, the monopolistic approaches that have been used in many organizations and business entities try to elicit the best approaches of management within the diamond mines in South Africa. As such, the monopolistic ideas that were relevant during the time have been subjected to increasing cases of disruption and enhancement of equity in the region (Lonely Planet South Africa, Lesotho & Swaziland, 1993).
Earliest growth in South Africa after discovery of diamonds
Like any other nation, the country of South Africa had to undergo a number of changes in its functionalism and economy after the discovery of the usefulness of diamond. Initially, the country was in a representation like any other in the region. As done in most of the African countries, the most important aspect of leadership is rested on the traditional avenues that were developed in the ancient times (Hill & Garvey, 1995).
Nonetheless, the discovery of the worth of a diamond brought a new face into the entire figure of the products and services that were found in the country. Furthermore, there was the aspect of the increased capability of the country to search for more services and products from its soils. The simple discovery of the diamond products by a herds boy brought a lot of curiosity from the residents of most parts of the country. In the end, an established avenue of natural resources dominates natural resource production and use in the region. The regional developments that have been experienced in Kimberly and many other parts of South Africa have been increasing because of the influence and effects of diamond discovery in the region. The early discovery of diamond sent a message to the entire world. This came in the form of changes in the observance of the natural resources that were in the land (Robertson, 1974).
As a way of influencing increased productivity and services from the region, it became apparent that all the other natural resources that were of worth and had not been discovered were soon to be discovered and made useful in the country. Because of the discovery of the product, an increased foreign influence entered other nations of the world. For instance, many countries and developing companies from outside the country were eager to have economic and diplomatic relations with South Africa as a way of increasing their bid for economic and social interaction (Williams, 2011).
The influence of many other states of activities had not attracted much attention from the foreign nations. Nonetheless, the discovery of the product led to an increased urgency to have elemental directives that attracted much attention and practical attenuations from the concerned parties in the region. As a matter of increasing its bid for interrelation with other nations, it became apparent that the possibility of delaying the required standards of management was within the demand for power and development of the country. The independence of the country could not be interfered (Hill & Garvey, 1995). This led to international bid for increased diplomatic interactions and relations with the republic of South Africa. In a way to increase more production, the influence of diamond discovery increased the chances for the country of South Africa to engage in other avenues of production in the region (Hill & Garvey, 1995).
Social effects of diamonds
The social structures and mechanisms of living were altered by the discovery of diamond in South Africa. The social lives of many people appeared to have taken a new path with the magnificent discovery of diamond by the boy who was herding. The social structures of living appeared to have taken a better form since most of the living conditions in South Africa were of lower standards before and even after the discovery of diamond (Beck, 2000). The social structures that existed in the region were based on the mechanisms of performance as a reflection of the direct living mechanisms of human sectored existence. For instance, most of the living conditions were determined by the success of the livestock farming as happened between the members of the society who dwelled in the region of Kimberly (Robertson, 1974). In most of the social structures that had been established in the region, there was a common mechanism of performance that ensured that the existing trends of social living was dominated by the basic avenues of peace and joy. Even with the presence of the apartheid activities and movements in the region, the social structures appeared to have been transformed by the major discoveries including that of diamond (Worger, 1987).
Diamond is a precious substance that is thought to have brought more stability and social establishment of the living conditions that later transformed the entire processes of living among the people. However, there were a number of fights and disagreement by the host communities, the evident factor of existence was directed at managing the availed avenues that ensured safety and increase productivity among the people of the region. In the mean time, there was what was termed as a social increment in the rates of population. The discovery of diamond in most parts of the country led to the realization of the fact that it was important to have direct measures of assuring element of stability and good living among the members (Williams, 2011).
Economic effects of diamonds
The economic standards of the existing societies and that of the country were improved by the discovery of diamond in Kimberly. The general economic standards that were realized within the region were incremental to the general economy and stability of the region. Like any other country, South Africa remains to be one of the major economic powers in Africa. The powerful activities that are done within the mineral resources and many other natural resources have shifted the attention of many organizations to remain within a stable mood of performance in the market. As a way of dwelling within a stable avenue in the global economic performance, the economy of the country was pronounced to have taken a higher notch in the general avenues of performance and directives from the country. For instance, many investors and foreign agents had direct influence over the existence and power of the remaining avenues of growth and development of the South African economy. In order to remain as one of the strongest forces in the region, there was a stable mood of a performance in the economic performance of the country because of the booming market created by the diamond discovery in the region (Robertson, 1974).
There are poor states of economic stabilities in the market from over which Vestal Company operates (Beck, 2000). For instance, the economic conditions in the global market and fluctuating. There is not stable state that can enable the company to have a genuine and long-term economic model of production and operation in the market. Moreover, the global trends in the economic performance are a detrimental risk to the future stability of the company in the global market (Hill & Garvey, 1995).
In other parts of Africa, it became evident that many of the activities that were directed at the existing avenues of performance were beginning to gain momentum because of the foreign intervention. The exact avenues of performance that were directed at realizing the best avenues of performance were realized from the reasonable avenue of growth and development. In many other sectors of growth in South Africa, the impact of having a sound product in the name of diamond increased the national gross domestic product and many other measurements that were used to measure the overall performance of the economy of the country (Robertson, 1974).
Political effects of diamonds
The political stability of the country was increased in its effectiveness and efficiency with the realization of diamond as one of the natural resources in the region. Before the discovery of diamond in South Africa, the political temperatures were not directed at having the best avenues of performance. In the end, that came out was a fierce contest between different political movements. The existence of the foreign forces together with the local residents and their political views escalated the entire process of managing on the available avenues of leadership in the region.
Political instability is a lethal risk in the general management and productivity of South Africa. In most cases, the diamond discovery led to ideological differences, failure to monitor corporate work, together with civil wars in the region. Such aspects of management lead to poor or collapse stability and productivity within the diamond industries. The problem is likely to occur when the members of the business engage in detrimental matters. These matters are likely to spark a difference in the general perception of other members within the working system. The risk can only be controlled from the managerial perspective where the leaders act as an example in order to have a genuine togetherness among the other workers in the country (Williams, 2011).
The Republic of South Africa has been one of the strongest forces when it comes to the management of its natural resources. South Africa is one of the strongest economic forces in the continent of Africa. This has been made perfect with the discovery of several natural resources in the country, notably diamond. The mining of this product in the region has increased the chances of the country to have a stable economy that will swing towards establishing the best avenues of performance into the continent.
Beck, R. B. (2000). The history of South Africa. Westport, Conn: Greenwood Press.
Hill, R. A., & Garvey, M. (1995). The Marcus Garvey and Universal Negro Improvement Association papers: 9. Berkeley u.a: Univ. Of California PR.
Lonely Planet South Africa, Lesotho & Swaziland. (1993). Melbourne: Lonely Planet.
Robertson, M. (1974). Diamond fever: South African diamond history, 1866-9, from primary sources. Cape Town: Oxford University Press.
Williams, G. F. (2011). The diamond mines of South Africa: Some account of their rise and development. New York: Cambridge University Press.
Worger, W. H. (1987). South Africa’s city of diamonds: Mine workers and monopoly capitalism in Kimberley, 1867-1895. New Haven: Yale University Press.