Diamonds: A cocktail of optimism, pessimism in the midst of Covid-19 pandemic

Rough & Polished’s Mathew Nyaungwa recently attended a webinar organised by CIBJO Communications to examine consumer demand at the time of the Covid-19 pandemic, importance of data, financial models and lab grown diamonds. The webinar, chaired by Edward...

Yesterday

How Russkiye Samotsvety is coping with the current downturn

One of the key issues facing most Russian companies today is the need for an objective assessment of the new consumption decline due to the quarantine, as well as making forecasts for a way out of it. According to a RBC-Petersburg’s study made in June...

03 august 2020

Global rough diamond sales down 80-90% in value in Q2 –Zimnisky

The COVID-19 pandemic, which is spreading across the globe, having originated from China’s Wuhan has left diamond traders and buyers at sixes and sevens. Traditional diamond tenders were cancelled around March as governments imposed travel restrictions...

27 july 2020

Indian diamond and polishing industry requires forward integration - Dinesh Navadiya

Dinesh Navadiya is now the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India for the 3rd term. He is also the Director on the Board of the Gem & Jewellery Skill Council of India (GJSCI)...

20 july 2020

GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

Namdeb unveils testing facility for COVID-19

22 july 2020
Namdeb, a joint venture between the Namibian government and De Beers, has unveiled a new testing facility for COVID-19 around its operations in Oranjemund, Namibia.
“Whilst this facility is very important to ensure we manage the COVID-19 risk in our business, we are also honoured to be able to assist our community and the country at large in alleviating some of the pressure to conduct testing,” said Namdeb chief executive Riaan Burger. 
“This laboratory will play a vital role in the diagnostic testing process of COVID-19.”
Namdeb decided to establish its own fully-fledged testing facility given the limited testing capacity within Namibia and a recent surge in COVID-19 cases.
This, it said, supports wider efforts that Namdeb had been working on alongside the government of Namibia, through the development of isolation units and the provision of essential medical equipment such as ventilators, new beds and testing equipment.
Namibia has so far recorded 1,247 positive cases and three deaths.

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