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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

ZCDC fails to pay workers for 3 months

11 june 2020
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Image credit: ZCDC



State-owned Zimbabwe Consolidated Diamond Company (ZCDC) has failed to pay salaries to its employees for three months due to the Covid-19 pandemic.
“It is true, the company, like many other organisations, has been facing a myriad of challenges owing to the COVID-19 pandemic, which affected our planned diamond sales, as you know most of our buyers come from around the globe,” company spokesperson Sugar Chagonda was quoted as saying by NewsDay.
“However, ZCDC has since deployed innovative marketing strategies in view of the obtaining challenges, we are glad that…payments to employees have commenced and production is underway…”
ZCDC had downscaled its operations in Marange in compliance with the country’s lockdown in a bid to stop the spreading of the deadly corona virus. 
Diamonds are expected to add at least $1 billion to the $12 billion that Zimbabwe is expecting the mining industry to contribute to the country’s gross domestic product by 2023.  
Zimbabwe is planning to more than triple its diamond output to 11 million carats by 2023 from 3.2 million carats in 2018.   

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