Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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

Call for Namibia to create sustainable diamond polishing sector

21 october 2019

There is need for Namibia to work towards creating a sustainable diamond polishing sector that can remain in place when diamonds are depleted, an official has said.
Mines minister Tom Alweendo was quoted by a local daily as saying that whatever benefit is derived from diamond mining should be used to prepare the country for the future.
Windhoek has so far issued 15 licences to cut and polish diamonds, with 11 currently active and the balance dormant.
However, there is a moratorium against the issuing of licences for cutting and polishing – something Alweendo said is purely based on limited prospects for those who want to engage in rough stones.
The Namibian Diamond Trading Company (NDTC) chief executive Brent Eiseb said the diamond polishing industry can exist after the country's diamonds are depleted, through a holistic approach starting with a friendly environment for business to operate in.
He said the local diamond polishing sector's sustainability will have to deal with competition from dominant players such as India.
Eiseb said Namibia is characterised by a longer production cycle which increases the cost of manufacturing in the country and reduces its speed to market. 
The longer the cycle the more the company incurs costs and it delivers to the market later than other players, he said.

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