Much Pain and Little Promise in Johannesburg
June 12, 08 by Chaim Even-Zohar“Every one-man, white-owned diamond dealership or manufacturing unit [in SA] must have a black equity partner, otherwise they will not be allowed to... Read More...
GIA’s Box of Trade Secrets
June 05, 08 by Chaim Even-ZoharThis week’s riddle: What do Rapaport and the GIA have in common? The obvious answer: they both recently tried their utmost to see how fast they could destroy the remnants of their own reputations. It truly seems like a breathtaking race. Read More...
BPP and Paying Bus Drivers in HK
May 29, 08 by Chaim Even-ZoharThe guilty verdict against the founder of the Tse Sui Luen Jewellery empire for paying illegal commissions to ensure a flow of customers to the company's showrooms, has become another fascinating test case for De Beers. Read More...
Truth and Justice – No Blackmail or Extortion
May 22, 08 by Chaim Even-ZoharJulius Klein Diamonds has filed a motion in an Ohio court alleging that jeweler John Stafford, who is suing the company for alleged responsibility for the loss of a pink diamond, is now resorting to “extortion” and “blackmail.” Read More...
The Forevermark Brand Strategy: Empowering the Retailers
May 15, 08 by Chaim Even-ZoharUpon asking for feedback from DTC Sightholders about the launch of the De Beers Forevermark brand presentation, which was attended by select clients in London at the last Sight, they all mentioned “the umbrellas.” Read More...
U.S. Court Subpoenas GIA ‘Certifigate’ Records (Updated)
May 08, 08 by Chaim Even-ZoharMaybe it was inevitable: a U.S. court has issued a subpoena to the GIA to release specific “Certifigate”-related records. The subpoena was issued by a California judge on behalf of the County Common Pleas Court in Dayton, Ohio, in the case of Stafford Jewelers vs John M. Stafford.... Read More...
A Spectacular Win in DTC’s ‘One against Hundred’ Game
May 01, 08 by Chaim Even-ZoharMiracles do happen! That was my first reaction when seeing the inclusion of the renowned Belgian rough diamond trading company Diamanthandel A. Spira BVBA on the new Diamond Trading Company (DTC) client list for the 2008-2011 contract period. Read More...
The Journalist and the Whistle Blower
April 24, 08 by Chaim Even-ZoharSociety has a problem with whistle blowers or, at least, with certain types of whistle blowing. In the diamond industry any kind of informers are frowned upon – and viewed as negative. Allow me an example to the contrary: in reference to certain possible misconduct, the head of an... Read More...
The De Beers Anti-Trust Settlement: Winners and Losers
April 17, 08 by Chaim Even-Zohar“The Fairness Hearing in the settlement of the US Diamond Class Actions court cases took place in the United States Federal District Court in New Jersey. De Beers is pleased that, at the conclusion... Read More...
Arbitration Justice in Absentia
April 10, 08 by Chaim Even-ZoharA New York Diamond Dealers Club (DDC) arbitration panel rendered a $640,000 judgment against a member of the Israel Diamond Exchange (IDE) in absentia. As we respect and recognize the right (and even obligation) of arbitrators... Read More...
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