Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 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