To control supply, demand and prices, Cecil Rhodes created distribution arms through “The Diamond Syndicated”, including “The Diamond Trading Company” in London and “The Syndicated” in Israel. As a result in having control of some of the countries in Africa, Rhodes also controlled a lot of the global diamond supply.ĭe Beers took on many forms around the as its impact in the diamond trade expanded. ![]() The head administrator of the British South Africa Company. ![]() Cecil Rhodes continued to obtain diamond mines throughout southern Africa and used a lot of the profits to develop a political career. ![]() In 1888, De Beers Consolidated Mines was developed, causing a monopoly on all productions and distribution of diamonds coming out of South Africa.
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