Government Policies blamed for Global rise of Diamond prices

The recent rise in the prices of diamonds, even more drastically over the last couple of years has been attributed to the problems in the mines of Africa, particularly South Africa that has constantly been rocked by protests by the workers and management alike. These protests, aimed at the government and their new policies of import and export of diamonds allow the government to keep a major cut from the sales while on exports, the mine owners have to pay a lot more to the government. These protests have seen mining completely halted at some of the mines and as a result, the global price of diamonds has increased manifolds.