Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

RioZim takes Zimbabwe central bank to court over dollar payments – report

10 october 2018
RioZim, which operates three gold mines, a nickel refinery and holds minority shares in Murowa Diamonds mines, is set to take the country’s central bank to court to force it pay the company in U.S. dollars for part of its output, according to a news agency.
Reuters reports that the firm’s move showed impatience by mining companies over severe dollar shortages being experienced in the country.
RioZim said the Reserve Bank of Zimbabwe had breached its own policy as it was failing to pay U.S. dollars to the miner.
Dollar shortages had deepened since 2016 and were the biggest fear for foreign investors after 20 years of economic hardship under former leader Robert Mugabe, Reuters reports. 

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