Design is the key to all markets

Besides being an astute businessman, Mumbai-born Laksh Pahuja is a designer par excellence known globally for his awe-inspiring unusual jewellery pieces. Trained at the Gemological Institute of India and Harrow College of Art England, Laksh combines...

10 june 2019

Mutual mass destruction will not serve anybody’s purposes

The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were...

03 june 2019

Pavel Sokolov: Every stone has its beauty

THE ‘GEMSTONES BY SOKOLOV’ brand has been popular for over 25 years. The aim of this company is to supply any kind of gem studs to the Russian market including the unique ones except diamonds of any cut. The product range by the SOKOLOV Company is very...

27 may 2019

“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

20 may 2019

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

Zim attracts foreign investors to open a cutting and polishing centre in the country

29 december 2018
Hangana Private Limited, a diamond company based in Botswana, has signed a MoU with local diamond companies in Zimbabwe to establish a new cutting and polishing facility, says harare24.com. 
Hangana regards such business as a long-term investment. The web-portal quoted Lewis Maunze,  the company's spokesperson in Zimbabwe as saying that Hangana intended to launch the new center in a long-term perspective.
‘‘…The advantage is that our partners are from Botswana, a country that is doing exceptionally well in the diamond industry. In that regard, if the diamond cutting and polishing centre is set up, we are guaranteed enough expertise, skills and experience in the diamond industry,’’ he said.
According to harare24.com, the company's CEO Lekitlanye Ovuya said Hangana was interested in financing the project in Zimbabwe. 
‘‘…When we came here for our first meeting recently, we found out that there is an opportunity for polishing and that's why we want to go into that because so far Zimbabwe has got the diamonds but they don't have a polishing plant,’’ he added.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg