De Beers SA, the world's largest diamond miner and marketer, was established by Cecil Rhodes and Charles Rudd when diamond was unearthed in Africa in the year 1886. Through the year of business changes and tabulation which makes today, De Beers is the leader in the diamond industry with an approximately US1.4 million of revenues. However, behind every success come with a price. Apart from the successful business practices, it was accompanied with positive and negative approaches. Shown below are the review and analysis. http://www.knowmore.org/wiki/index.php?title=De_Beers_SA What are Human Rights?
Human rights are rights inherent to all human beings, whatever nationality, place of residence, sex, national or ethnic origin, colour, religion, language, or any other status. We are all equally entitled to our human rights without discrimination. These rights are all interrelated, interdependent and indivisible.
Universal human rights are often expressed and guaranteed by law, in the forms of treaties, customary international law, general principles and other sources of international law. International human rights law lays down obligations of Governments to act in certain ways or to refrain from certain acts, in order to promote and protect human rights and fundamental freedoms of individuals or groups.
Human Rights Violations
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Involvment with blood diamonds
Conflict diamonds (also known as blood diamonds) are illegally mined to provide financial support for a regime or invading army. These conflict diamond mines are located all over the world, including but not limited to the Democratic Republic of the Congo (DRC), Angola, Sierra Leone and Liberia.
Since it's inception in 1888, the De Beers strategy was to monopolize the diamond industry as best as they could. De Beers purchased the vast majority of the gems produced outside their own mines, allowing them to create a false scarcety and to fix diamond