GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Tsunami at ZCDC, entire executive shown exit door

20 may 2019


The Zimbabwe Consolidated Diamond Company (ZCDC) has fired seven executives, including the chief executive Morris Mpofu, who was recently arrested for recommending a blacklisted smuggling ex-convict to buy diamonds from the Minerals Marketing Corporation of Zimbabwe (MMCZ).
ZCDC chairperson Killian Ukama said Mpofu had been replaced, albeit in an acting capacity, by the company’s chief operation officer Roberto Depetro.
The axe also fell on supply chain officer, chief human resources executive, chief security officer, engineering executive, audit executive and chief finance officer, Charles Gambe who was arrested for criminal abuse of office after he allegedly bought 1200 bags of cement for personal use using ZCDC's account.
Ukama said the changes were made to rebuild public and market confidence following reports of corruption in the company.
“The board has simultaneously embarked on a confidence building exercise for ZCDC," he said.
“The ZCDC board would like to assure its stakeholders and partners on its continued commitment to strengthen its systems and processes for business continuity and realisation of its vision to becoming a world class diamond producer.”
ZCDC was wholly owned by the Zimbabwean government through the Zimbabwe Mining Development Corporation (ZMDC).
The company, which produces diamonds in Marange and Chimanimani, was targeting an output of 4,1 million carats this year compared with 2,8 million carats produced last year.

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