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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

De Beers, UN Women avail BWP8m for micro-entrepreneurs in Botswana

13 november 2017
De Beers and the United Nations (UN) Women have availed a three-year BWP8 million ($758 000) investment in capacity-building programmes to support women micro-entrepreneurs in select villages in the Okavango Delta and Kweneng District, Botswana.
The Okavango Delta and Kweneng District were some of the poorest and most remote areas of Botswana and were selected as the initial focus due to the strong potential to deliver tangible, positive outcomes that support entire communities through the increased economic empowerment of women micro-entrepreneurs.
“Botswana has achieved a huge amount of development through prudent use of diamond revenues, but challenges remain and programmes such as these can have a real and lasting positive impact,” said De Beers chief executive Bruce Cleaver in an announcement at the Women Summit in Gaborone, convened by the diamond group last Thursday.
“Advancing women’s economic empowerment in two of the most disadvantaged areas of Botswana will not only support the women micro-entrepreneurs that participate in the programmes, but also their communities through increased employment opportunities and skills development.”
UN Women South Africa Multi-Country Office, representative Anne Githuku-Shongwe, said the initiative was in line with the UN Sustainable Development Goals Agenda 2030 to ‘Leave No One Behind’, targeting one of the most marginalised communities in Botswana to invest in women’s economic empowerment and create long term sustainability for families in this region.
The programmes were part of De Beers’ three-year global partnership with UN Women and its commitment to stand with women around the world.
The group investing $3 million to advance women micro-entrepreneurs and STEM students in its diamond producing countries of Canada, Botswana, Namibia and South Africa.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished

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