NEWS

Closing the gender gap in peer-to-peer lending

Closing the gender gap in peer-to-peer lending

According to Bihong Huang ink expressions, financial inclusion for women has been embraced by policy makers as an important development priority. However, despite women having lower risk preferences and higher creditworthiness, the gender gap in access to finance is still prevalent in the traditional credit market.

 

This is due to various factors, such as differences in employment opportunities, legal obstacles, cultural norms, and limited access to the guarantee mechanism, among others. With advances in digital technology, online peer-to-peer (P2P) lending has emerged as an alternative to traditional lending institutions around the world, allowing lenders and borrowers to bypass banks and remain anonymous.


Renewal of Kagem Mining Licence

Renewal of Kagem Mining Licence

Gemfields is a world leading supplier of responsibly sourced coloured gemstones. Gemfields is the operator and 75% owner of both the Kagem emerald mine in Zambia (believed to be the world’s single largest producing emerald mine).

 

The Montepuez ruby mine in Mozambique (one of the most significant recently discovered ruby deposits in the world). In addition, Gemfields also holds controlling interests in various other gemstone mining and prospecting licenses in Zambia, Mozambique, Ethiopia and Madagascar.

 


191ct rough unearthed at the end of the year

191ct rough unearthed at the end of the year

Alrosa unearthed this crystal in the early hours of December 25 at the Botuobinskaya kimberlite pipe in Yakutia. According to estimations made by Alrosa’s experts on site, a rough diamond weighing 190.77 carats has high quality characteristics. The age of the stone is estimated at about 2 billion years. Further mineralogical analysis will reveal more precise numbers.

 

“This is a true sign to find such a large and high-quality diamond just around the end of the year. The Nature has already endowed us in 2019. For example, a heart-shaped diamond was mined at the Udachnaya pipe just before Valentine's Day. Surely, such findings are very remarkable," said Evgeny Agureev, Deputy CEO of Alrosa.


Special UK Coins, 2020 Annual Sets

Special UK Coins, 2020 Annual Sets

The coins struck by The Royal Mint draw us into stories of far-reaching significance. Through this special selection of coins, we celebrate the individuals and groups of people at the centre of these events, paying tribute to their quest for new horizons, their drive for peace and their visions of progress and excellence. We share these anniversaries that shaped our present with minutely detailed designs on the miniature surface of a coin.

 


Polished sales to tumble down over 10% by 2019

Polished sales to tumble down over 10% by 2019

In 2018, cutting and polishing revenue grew 3%, supported by a healthy increase in consumer demand for diamond jewelry. However, polished diamond sales are expected to drop 10% to 15% by the end of 2019 because of slowing demand for diamond jewelry globally, lower diamond content in jewelry designs, inventory optimization by major retailers and declining available financing for midstream players.

 

The combination of lower polished diamond sales and excess inventory accumulated by the midstream in 2017 and 2018 reduced net imports by 3% and 30% in 2018 and 2019, respectively. India experienced the steepest decline.

 


Diamond Production likely to slide by 4%

Diamond Production likely to slide by 4%

According to the ninth annual report on the global diamond industry, between 2010 and 2016, global production was consistently between 120 million and 130 million carats. In 2017, it jumped to roughly 152 million carats and then fell 3% to 147 million carats the following year. The decrease in 2018 is largely attributed to lower production in Australia, the Democratic Republic of the Congo and Russia.

 

The unexpected closure of Mir in Russia and planned downscaling at Argyle in Australia contributed to the decline. The 26 million–carat production increase in 2017 was the largest single-year volume increase since 1986, and it created a surplus that affected the entire value chain.

 


 

Tariff Angola exempts raw minerals export

Tariff Angola exempts raw minerals export

The revised Customs Tariff, which comes into force on 29 December this year, has eliminated the export rate of raw minerals, previously set at five percent.

 

The document also provides for the exemption of goods imported under private investment projects and the extension of exemptions for humanitarian goods imported by churches and non-governmental organizations. According to a note from the General Tax Administration (AGT), which Angop had access today the review is in line with the entry into force of the SADC and African Union free trade zones.

 


Peruvian Customs retain gold exports from December

Peruvian Customs retain gold exports from December

Dynacor Gold Mines, a leading ore purchasing and processing corporation servicing artisanal and small-scale miners (ASM) in Peru, reports that the Peruvian customs authorities are retaining shipments of December gold exports for control procedures. Authorities have retained exports and requested from at least three gold exporting companies, including Dynacor, to submit supporting documents relating to their gold production.

 

Management expects the review to be favourable and its exports of gold to immediately resume upon clearance from the authorities. Notwithstanding the current situation, the Corporation has continued to operate normally; however, it doesn't anticipate generating any income from exports of gold in December.

 


Traditional jewellery, Modern touch

Traditional jewellery, Modern touch

Narayan Jewellers by Ketan and Jatin Chokshi, the 79-year-old renowned jewellery brand from Vadodara, launches bridal collection catering to the peak wedding season demand. Narayan Jeweller’s new Bridal collection includes jewellery for all occasions, including Sundowner, Mehendi, Sangeet, Wedding and Reception.

 

Narayan Jewellers has captured the essence of Indian tradition along with intricate craftsmanship through their latest bridal collection. The bridal jewellery intensifies the beauty of the attire and takes it to another level.

Ketan said, “Our bridal collection is not limited to gold jewellery only. Over the years, we have seen that the taste of brides has evolved and we have launched our collection keeping in mind the same. It comprises of intricate and exquisitely detailed designs in gold and diamonds and it also showcases the quality of craftsmanship we possess.”

 


New Year’s Party Accessories

New Year’s Party Accessories

Ayesha Accessories New Year’s Party Collection is available now! They share our alluring designs for the party season. Opportunity is available to celebrate party season & to welcome with the craft of Jacqueline Kapur, Co-founder and President of Ayesha Accessories.

 


Showing 81 to 90 of 3448 (345 Pages)