Mmetla Masire: Okavango to resume diamond sales in January

Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...

Yesterday

Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

WFDB expands membership to key industry players; CTF joins Board

09 june 2020
The World Federation of Diamond Bourses (WFDB) is inviting key players in the global diamond and jewellery industries to join its ranks, to expand the influence and the relevancy of the organization, which was founded in 1947 specifically to protect the interests of diamond bourses and their members. Chow Tai Fook Jewellery Group, the leading jewellery chain in Hong Kong, China and other parts of Asia, is one of the first organizations to join the WFDB.
Albert Chan, Executive Director of Chow Tai Fook (CTF) has been appointed an observer on the WFDB Executive Committee. He said, “It is such an honor and a real privilege indeed to be invited into the WFDB family, with whom Chow Tai Fook shares identical core values.”
According to Yoram Dvash, Acting President of the WFDB and President of the Israel Diamond Exchange, the Federation's goal should not be only to protect the interests of the diamond bourses and their members, but to lead and promote the world trade in diamonds and diamond jewelry and to encourage cooperation among all of the parties involved in these industries. He added, "The diamond business is based on collaboration between many different parties. Our business depends on them and they depend on us. I have invited leading companies and organizations in our industry to join the WFDB and many have already expressed their interest in joining. I have no doubt that more will come aboard. Now more than ever we must join forces. That’s the only way we will be able to succeed."

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished