“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

Yesterday

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 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