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20.10.2014
AWDC regrets seizure of Zim diamonds, but says not involved in the matter
margaux_donckier_preview.jpgAbout 500 000 carats of Zimbabwean diamonds worth about $45 million that were on sale last month at the Antwerp World Diamond Centre (AWDC) were first attached by Amari Platinum before the Belgian court reversed the seizure, pending a court ruling, which is expected anytime soon. A group of white former commercial farmers also attached the same diamonds on the basis of an International Centre for Settlement of Investment Disputes arbitration award against the Zimbabwean government to compensate the ex-farmers. As the legal battle rages on, the voice of AWDC had been silent and Rough&Polished’s Mathew Nyaungwa sought a comment from the centre’s spokesperson Margaux Donckier, who said they regret the seizure. However, AWDC was quick to point out that they were not involved in the matter. Donckier also commented on the recent closure of the Antwerp Diamond Bank.

13.10.2014
Interaction with clients is a key to understanding what they want and what they need
varuna_jani_preview.jpgVaruna D Jani, an award-winning jeweler ahead of her time, understands that it’s not only about investing but there is also a need of styling and personalization of jewellery. She is known more as an ‘adornologist’ than a ‘jewellery designer’. Belonging to a jeweller family, Varuna imparts knowledge and gives her recommendations on jewelry that suit individual personality. In an interview with Rough&Polished, Varuna revealed her passion for jewellery designing even as a child and her initiation into the business eventually.

06.10.2014
Maxim Shkadov: "We need to create our own sales channel providing maximum penetration to the market"
maxim_shkadov_preview_08113013.jpgTaking into account the ongoing discussion about the future of the Russian diamond industry, Rough&Polished asked Maxim Shkadov, CEO of Kristall (Smolensk), the largest diamond manufacturer in Russia and Europe to answer our questions. In his interview, he expressed his views on the problems currently facing the industry.





Diamond Revenue to Fund Grants for Zimbabwe’s Students

27.01.2012

Zimbabwe’s government plans to use some of the revenue from the sale of its rough diamonds to reinstitute grants for students, the University World News reports cited by Israelidiamond.co.il.
According to the UWN, none of Zimbabwe’s government-run universities have been able to supply student grants or loans for over a decade.
In his budget statement for 2012, Finance Minister Tendai Biti stated that he was allocating $25 million for student grants and loans, a sum he expected to see matched by banks, including Barclays.
The decision to use diamond money to benefit the country’s students is reportedly a tactic to win support in the international community for the sale of Zimbabwe’s diamonds. Although the Kimberley Process lifted its embargo against Marange diamonds in November, the subject remains controversial.

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