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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
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
Zimbabwe reverses 2020 decision on mining royalties
Finance minister Mthuli Ncube said in a statement that mining companies can now pay up to half of their royalties in the local currency, the Zimbabwean dollar.
The same will apply to taxes and duties levied on imported vehicles.
He said taxes due from exporters will be paid in both foreign and local currencies in proportion to approved retention levels.
“These measures reflect the government’s commitment to promote the wider use of the Zimbabwean dollar and to continuously strengthen the economy so as to build lasting macro-economic stability,” said Ncube.
The weakening of the Zimbabwean dollar had been fueling inflation which rose to more than 60% in January, from 54% in October 2021.
The Zimbabwean dollar has weakened 6.8% this year to 116.65 per dollar.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished