LDB’s David Troostwyk: London still has major role to play in global diamond trade

London Diamond Bourse (LDB) President David Troostwyk has had a varied career in the diamond business. David sat down with Rough&Polished to discuss how his love of diamonds started, his career, the state of the diamond trade in the UK and globally...

12 may 2025

David Johnson: De Beers balancing lab-grown and natural diamonds rarity while pioneering ethical transparency

De Beers has been differentiating its lab-grown diamond brand, Lightbox, by positioning it as an affordable, fashion-focused product. Group spokesperson David Johnson told Rough & Polished that this is in contrast to how De Beers promotes natural diamonds...

28 april 2025

Who will bear the cost? Paul Zimnisky weighs in on U.S. jewellery tariff impact

The United States jewellery industry is facing a complex balancing act as new tariffs on diamonds force wholesalers and retailers to decide whether to absorb costs, negotiate with overseas suppliers (particularly India), or pass them on to consumers...

14 april 2025

Thataitsile Moremedi: South Africa's State Diamond Trader providing market access, exposure for nascent manufacturers

Although it is challenging for previously disadvantaged individuals to enter the diamond industry due to the financial barriers, South Africa's State Diamond Trader is providing nascent entrepreneurs with exposure, market access, and other support...

31 march 2025

Dr M'zée Fula Ngenge: KP has failed to adapt to contemporary challenges

The United Nations-backed Kimberley Process (KP), established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market, has failed to adapt to contemporary challenges, such as state-sponsored violence and sophisticated...

17 march 2025

Petra in search of a new CFO after Breytenbach's resignation

12 march 2024

Petra Diamonds is currently in the process of recruiting a new chief financial officer (CFO) to replace Jacques Breytenbach, who has resigned due to personal reasons.

He will also resign from his director position, which he has held since February 2018.

Petra said Breytenbach will, however, continue in his position until the company's full-year results are delivered at the end of September to facilitate a seamless transition of his duties.

If a new CFO is appointed before this, Breytenbach will step down earlier.

Petra chief executive Richard Duffy expressed high regard for Breytenbach, highlighting his significant contributions since joining the company in 2006 and becoming CFO in 2016.

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