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...

Yesterday

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

Namibian diamond manufacturers form association

28 january 2009

Namibian Diamond manufacturers have established an association that would be known as the Diamond Manufacturers Association of Namibia (DIAMAN) to push for the development of the industry as well as lobby relevant authorities with one voice.
Diaman’s new secretary general who is also the managing director of LLD Diamonds Namibia, Kombadayedu Kapwanga, told Rough&Polished in Windhoek that the biggest challenge facing manufactures was the weak diamond market.
The association would be chaired by Burhan Seber, who is the managing director for Hardstone Processing.
“On a first meeting of association the agenda was solid strategy of survival of cutting factories in a current economic downturn. Even after this meeting we could not find a right solution. Everything is up to De Beers, we hope that it will lower the prices for rough diamonds”, he said.
The crisis had forced the country’s 11 sight-holders of NDTC to either retrench or send their employees on paid leave.
The economic recession in the US had been a significant threat to the diamond market as it accounted for half of the market. Diamond cutters across the globe had been building up debt as there are no credit options available to them and this has made them reluctant to buy additional stock.

Veronica Novoselova, Rough&Polished African bureau editor in Namibia