Boom2Dust blog: Acacia Gold Stumbling on a scam in the Kimberley Club

In a new post for the Boom2Dust project, a comparative study of three industrial mining centres in southern Africa (1870–2020), Professor Jan-Bart Gewald explains how he and Walker Swindell found out about a pyramid scam relating the fraudulent mining company Acacia Gold. They visited the Kimberly Club, where the Acacia Gold meeting was taking place, in June 2025 - one month later, the company went offline, taking away all the money the investors had entrusted.

Read the full blog here.

Author(s) / editor(s)

Jan-Bart Gewald

Date, time and location

16 September 2025

About the author(s) / editor(s)

Jan-Bart Gewald is a socio-cultural historian of southern Africa and professor of African History at Leiden University.  He grew up and was educated at a variety of schools in several southern African countries. He began studying towards a BSc in Geology and Physics but graduated with a BA in African History and African Political Studies at Rhodes University in Makhanda (Grahamstown) South Africa. He subsequently completed an MA in history at Leiden University, with stints as an exchange student at Cologne University and the University of Ghana, Legon. He conducted extensive fieldwork and archival research in southern Africa and Europe and completed a PhD in History at Leiden University in 1996. Following postdoc positions in Germany (SFB 389) and Amsterdam (IISG), and residences in Niger, Eritrea, and Botswana, he was appointed as a full-time researcher at the African Studies Centre in Leiden. In Leiden he acquired significant external research funding and was appointed Professor of Southern African History at Leiden University in 2013. He became Professor of African History in 2017 and was Director of the African Studies Centre from 2017-2021. He is currently working on a multi-species history of diamond mining in Kimberley, South Africa, 1870-1920. In 2022 Jan-Bart Gewald was a Fellow at the Stellenbosch Institute of Advanced Studies (STIAS) in Stellenbosch, South Africa. In 2024 Prof. Gewald received an NWO Open Competition grant to conduct research on mining history in South Africa, Zambia, and Namibia. The project is entitled “Boom to Dust: The Environmental History of Three Industrial Mining Centres in Southern Africa, 1870-2020”. Visit the project website.