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...


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

Angola reduced tax on artisanal diamond sales

16 august 2012

Angola has lowered the tax rate charged on the sale of diamonds produced by local artisanal miners.
Macauhub quoted Endiama chairperson Carlos Sumbula as saying that Angola would now charge 3 percent tax on all artisanal diamond sales from the previous 8.5 percent.
He said, without providing comparative figures, that the new rate was lower than what was being charged in the Democratic Republic of Congo (DRC) and the Republic of Congo.
Endiama had so far issued out about 1000 artisinal diamond mining licences in a move meant to economically empower locals.
Meanwhile, the Endiama chairperson said that Angola would from October this year re-open all diamond mines that had been shut down due to the 2008/2009 global financial crisis.
“Starting in October we are going to begin putting all the mines into operation, starting with those in Luarica, Fucauma and Calonda,” Sumbula said.

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