The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

Today

The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

CIBJO president advocates case for small business enterprises during UN’s high-level political forum

22 july 2019

cibjo_logo.jpgSpeaking at a meeting of the World Business Council for Sustainable Development (WBCSD), which took place during the United Nation’s 2019 High-Level Political Forum on Sustainable Development in New York, CIBJO President Gaetano Cavalieri has advocated for the position of small and medium-sized enterprises.
Sustainable economies rely on the contribution of SMEs, he said, but too often they find themselves operating at a severe disadvantage when compared to larger companies.
“In the jewellery business this is particularly ironic because, although turnover is dominated by a relatively small number of large corporations and brands, employment and company ownership are overwhelmingly vested with SMEs, most of which are family owned,” Dr. Cavalieri said.
The CIBJO President stressed that ways must be found to raise the involvement of all players in the business sector in capacity-building and sustainable development. Remaining inclusive, he said, means not disadvantaging SMEs.
The High-level Political Forum on Sustainable Development (HLPF), which was held at the UN headquarters in New York on July 9 to July 18, 2019, is the international body’s main platform for monitoring follow-up on the actions of states and other actors towards the Sustainable Development Goals (SDGs).
CIBJO was attending the HLPF in its capacity as the international jewellery sector’s representative in the UN’s Economic and Social Council (ECOSOC), which is one of the six main organs of the United Nations and is the principal body for coordinating policy review, dialogue and recommendations on economic, social and environmental issues, as well as for the implementation of the Sustainable Development Goals.
CIBJO was awarded special consultative status in ECOSOC in 2006, and that same year joined the UN Global Compact, which the global network of sustainable companies and organisations that pledge to align their strategies and operations with basic principle on human rights, labour, environment and anti-corruption.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished