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

Required Local Ownership Level May be Reduced in Zimbabwe

26 june 2009

Mining Weekly quotes Zimbabwe’s Prime Minister Morgan Tsvangirai as saying that the country is currently reviewing its indigenization law and is considering lowering the 51% requirement for local ownership of foreign firms investing in the country, Israelidiamond.co.il reported.
Speaking at a mining conference in London, Tsvangirai stated: "We are reviewing it. Fifty-one percent is far, far too high."
He added that the new coalition government hopes to reach a new local ownership level that is comfortable for investors, but still beneficial to the mineral and diamond rich nation.
Tsvangirai pointed out that while he supported the concept of promoting local business, the law also must be fair to overseas investors.
The prime minister added: "It is wrong is to expect someone to bring money into the country and say we will take 51% of that."