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

Namdia CEO faces disciplinary action – report

18 february 2021
Image credit: Namdia

Namibia's state-owned diamond trading company, Namib Desert Diamonds (Namdia) has confirmed that its chief executive Kennedy Hamutenya is facing disciplinary action over alleged irregularities at the company.
The Namibian quoted Namdia board chairperson Bryan Eiseb as saying that actioned an internal investigation around various irregularities at the company end of last year.
He said the board would implement recommendations, which include the charging of Hamutenya for "a string of violations".
"We have so far appointed the chairperson and the initiator of the disciplinary hearing, but we have not decided on the date yet at this moment," said Eiseb.
The daily alleged, citing unnamed sources, that an amount of N$300 000 in state funds is involved.
Minister of public enterprises Leon Jooste said Hamutenya's disciplinary hearing was being handled by the board.
"This is entirely under the authority of the board and there is no need for the shareholder to get involved," he said.
"This is an internal issue and the board will follow the company's disciplinary procedures as usual."
Hamutenya previously served as Namibia's diamond commissioner before his move to Namdia as the chief executive in 2017.
His contract with Namdia will expire in June 2022.

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