STARGATE is managed and directed from its head office in Brussels, Belgium. The Board of Directors which sits regularly ensures that the company continues to pursue and achieve its goals. The operational activities are at various offices across the globe where we have our business associates in place.
STARGATE is audited annually by independent external auditors. The audit results are then reviewed accordingly. This reviews the half-year and full-year results and the annual financial statements prior to their submission to the Board. It also receives annual appraisals from the business units and the internal auditors with regard to the adequacy of risk management and the status of the control environment across the Family of Companies. This includes sustainability, risk and performance management.
Our market presence in the countries where we operate today include: Belgium, Israel, USA, United Kingdom, Spain, France, Poland, Russia, Uzbekistan, Kazakhstan, Germany, Dubai, Qatar, India, Australia, New Zealand, Singapore, Hong Kong and China, Vietnam, Brazil, Canada.
In Africa: Angola, Sierra Leone, Guinea, Democratic Republic of Congo, Central African Republic, Lesotho, Republic of South Africa, Namibia and Botswana will start to emerge as our future home glory. Still for 20, we will increase our low cost infrastructural technologies and high return product capacity. Trading diamonds goes far beyond buying and selling rough diamonds. The trading of diamonds is a world class financial platform using the most sophisticated financial disciplines like commodity trading, derivatives, swaps, structured and specialized finance. Our strategy nowadays is very basic but our Horizons are wider than those of today.
The regularity of supply of rough diamonds from across the world has enabled STARGATE to have a wide variety of top quality stones hence development of substantial rough diamond dealing.
Rough diamond sourcing and dealing has always been the integral part of our business since our establishment. Our rough distribution business is really a massive one, fast turning and we keep inventories non-existent. It increases turnover and profit margin. This is necessary to help finance STARGATE marketing initiatives and developments.
All across our business platforms, STARGATE observes the highest ethical standards of operation. We insist the same of our business partners or affiliates in recognizing the same level of ethical standards.
This extends to our diamond sourcing program. The issue of responsible mining is an important one and deserves our utmost attention.
STARGATE constantly reviews its policy on responsible mining and maintain its standard with current and existing laws and or commissions. It commits to continuously maintaining our position with the objective of expanding to secure the broadest possible impact.
STARGATE has working business relationships with quite a number of international companies in the same industry. This has indeed contributed in the rapid growth of our company. A recent addition to our profile of business partners include the following: Arabov Group (Angola), China CAMC Engineering Co. Ltd. ECRES and so on.
These partnership initiatives have resulted in business diversification opportunities in new technologies, engineering, renewable energy projects, projects funding together with major financial institutions and many more.
STARGATE was birthed by a financial institution, Ebenhaezer Bank (Ebenbank) Consulting Group as a additional financial generator, as a result the financial muscle is absolutely unquestionable and we are grounded on the solid rock.
Trading diamonds goes far beyond buying and selling rough diamonds. The trading of diamonds is a world class financial platform using the most sophisticated financial disciplines like commodity trading, derivatives, swaps, structured and specialized finance. Our strategy nowadays is very basic but our Horizons are wider than those of today.