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

Recovering diamond sales helps ease Botswana’s trade deficit

06 july 2009

Botswana's Central Statistics Office says the recovery in diamond sales has seen the country’s trade deficit ease-off, heralding an economic recovery.
The office reported that Botswana’s exports were valued at BWP2 billion (USD1=BWP6.8) last April up 26.9 percent from BWP1.5 billion in March.
The increase in total exports were attributed to higher diamond sales of BWP1.5 billion from BWP823.4 million in March as the market started showing signs of recovery from the effects of the global economic downturn.
The southern African country, which is regarded as the world’s leading diamond producer by value, recorded a BWP2.6 billion trade deficit in 2008 as imports outweighed exports due to a heavy slump in diamond sales in the last quarter of the year.
The noted recovery defies earlier projections by Finance ministry that diamond revenue would plunge by about 50 percent this year.
"There is optimism that the recovery of the market has begun and there are indications that prices could be firming as well and hopefully we will get back to our normal average sales of around USD300 million a month," Debswana managing director Blackie Marole was quoted as saying by local media.

Mathew Nyaungwa, Rough&Polished from Namibia