Business & Economy (South Africa)

A sparkling, large, brilliant-cut diamond resting on a gold-flaked mound, surrounded by pomegranates, challah, apple slices, honey jars, and shofars, set against a blurred city skyline seen through a window. The Hebrew words "שנה טובה" (Shana Tova) hang above.

New Year Brings New Beginnings

Letter from WFDB President Dear Friends,  As we usher in the Jewish New Year, I want to share with you several positive developments in the diamond industry that inspire both encouragement and optimism. To begin, I extend sincere congratulations to the AWDC and the European Union for successfully securing a zero-tariff agreement on diamonds polished […]

New Year Brings New Beginnings Read More »

GIA Moves to Redefine Lab-Grown Diamond Grading, Signaling Clearer Divide from Natural Diamonds

The world’s leading authority in gemology(GIA) is redefining lab-grown diamond grading by dropping the traditional 4Cs system, further emphasizing the growing divide between natural diamonds and man-made diamonds. In a landmark decision that will reverberate through the global diamond industry, the Gemological Institute of America (GIA)—the world’s foremost authority in gemology—has announced it will no

GIA Moves to Redefine Lab-Grown Diamond Grading, Signaling Clearer Divide from Natural Diamonds Read More »

South Africa Welcomes New Tenants to Boost Jewellery Manufacturing

Johannesburg, South Africa – The Department of Trade, Industry and Competition (DTIC) is set to officially welcome new business tenants at the Jewellery Manufacturing Park (JMP) located within the OR Tambo International Airport Special Economic Zone (SEZ) in Ekurhuleni. This event, taking place on Friday March 15, 2024 signifies a significant step forward in the

South Africa Welcomes New Tenants to Boost Jewellery Manufacturing Read More »