An employee sorts through a large collection of rough diamonds on a sorting table at the United Selling Organisation of Alrosa PJSC sorting center in Moscow, Russia, on Tuesday, Feb. 12, 2019. Alrosa PJSC, one of the worlds top diamond miners, is returning to crisis-stricken Zimbabwe, the latest example of Russia expanding its footprint in Africa.
In a series of trials, Vancouver, Canada-based Lucara claims that prices were 8 percent over Lucara’s traditional market price. It’s now trying to bring other independent producers on board, with the aim of moving at least a portion of the $18 billion annual diamond trade onto its site called Clara. Clara incorporates blockchain technology, which is seen as a promising avenue for an industry that has been plagued by ethical problems, including the trade in so-called “blood diamonds” used to finance armed conflicts. Lucara is far from the only miner who has seen the benefits of the digital ledger in guaranteeing the provenance of its product.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Business Maverick: Second-Biggest Diamond in History Found, But It’s Not That GreatA giant 1,758-carat diamond, the second-biggest ever discovered, has been found in Botswana. But unlike its rivals, it won’t fetch a record-breaking price.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
BUSINESS MAVERICK: Shoprite’s R3.3bn payout proposal to Christo Wiese could easily be voted downWhen a company puts out an announcement involving R3.3bn on a Thursday afternoon before a long weekend, you have to wonder. And that is what the financial community has been doing about Shoprite’s proposal to pay its chairman R3.3bn for high voting-power shares with an actual monetary value of, well, nothing. There are some who think it’s a deal worth doing, but some significant shareholders on Tuesday said, very firmly, they would be voting against the proposal. The deal could very easily fail. Former Steinhoff Chairman Christo (I know nothing, I am the victim) Wiese who presided over the biggest financial disaster in SA, should all his assets frozen NOW. It will be immoral not to vote this down, otherwise you are all accomplices
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
BUSINESS MAVERICK: Devil’s in the detail as government toys with regulating AirbnbEchoing calls to regulate ride-share platform Uber in South Africa, which has disrupted the taxi industry worldwide, has spilt over into the local tourism industry players, which have called for Airbnb to be regulated. The Department of Tourism has heard the cries, but not everybody is happy with the proposals.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: The spectre of stagflation is haunting South Africa and the alternative is also scarySouth Africa's economy does not have a lot in its favour at the moment. Relatively moderate inflation in recent years has been one of the few bright spots. Even this has been a mixed blessing as it partly stems from subdued demand. This could change soon, with price pressures unrelated to consumption building in the economy. Against the backdrop of anaemic growth and sky-high unemployment, this could unleash the spectre of stagflation. And if prices do remain subdued, it is only because of the dire state of the economy. No clear policy and leadership ! Just corruption from thieving, bent MYANC and CyrilRamaphosa who can’t stop it and won’t! MoodysAnalytics MoodysAnalytics WSJ business PIMCO FT Davos GoldmanSachs jpmorgan
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Saudis Pledge to Ensure Oil Supply if Iran Exports CollapseSaudi Arabia will coordinate with other crude producers to ensure that adequate supplies are available and the market “does not go out of balance,” Energy Minister Khalid Al-Falih said, after the U.S. ended waivers for buyers of Iranian oil.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Reported Fires Threaten China’s Electric-Car QuestIn China, where the quality and safety of electric vehicles and their batteries have been increasingly called into question, electric cars bursting into flames have underscored longstanding issues with China's electric-vehicle push, writes Adam Minter for Bloomberg Opinion.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Asian shares up after Nasdaq, S&P 500 hit record highsEquity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
BUSINESS MAVERICK: The spectre of Stagflation is haunting South Africa and the alternative is also scarySouth Africa's economy does not have a lot in its favour at the moment. Relatively moderate inflation in recent years has been one of the few bright spots. Even this has been a mixed blessing as it partly stems from subdued demand. This could change soon, with price pressures unrelated to consumption building in the economy. Against the backdrop of anaemic growth and sky-high unemployment, this could unleash the spectre of stagflation. And if prices do remain subdued, it is only because of the dire state of the economy.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
BUSINESS MAVERICK ANALYSIS: Central banks’ musical chairs put independence up for grabsA changing of the guards at central banks around the world at a time when the value of both political and operational central bank independence is up for debate could yield some surprises. History shows these can be pretty dramatic as tensions run high between presidents and bank governors.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Cosatu Urges Mboweni to Take His Own Advice and RetireSouth Africa’s largest labor federation wants Finance Minister Tito Mboweni to practise what he preaches and retire. That may not be because he’s too old, but rather that they just don’t like him. They never liked him ,when he was a minister of labor they used to have lot of issues
La source: dailymaverick - 🏆 3. / 84 Lire la suite »