NAMDIA ANNOUNCES NEW CLIENT LIST
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State-owned diamond marketing and sales company NAMDIA has announced its new client list for the 2026/27 to 2028 sales period.
State-owned diamond marketing and sales company NAMDIA has announced its new client list for the 2026/27 to 2028 sales period.
The Chairman of Ninety-One PLC, a global diamond consortium, says the stakeholders in the diamond industry are working hard to develop solutions that would enable the sector to adapt and remain competitive.
Security company G4S says that even if it is found responsible for the theft of diamonds from NAMDIA, any payout would be limited to just N$4,200.
Botswana's Minister of Mineral Resources and Green Technology, Lefoko Moagi, paid a courtesy call on President Nangolo Mbumba at State House.
Moagi, who is also a special envoy of President Mokgweetsi Masisi, is in Namibia for consultations with the Ministry of Mines and Energy.
The Minister of Mines and Energy, Tom Alweendo, is concerned about the G7 nations' proposal to ban the sale of Russian diamonds.
This, Alweendo says, could have implications for African diamond-producing countries, including Namibia.
The Deputy Minister of Mines and Energy says there are no diamonds at the Old Toscanini mine in Skeleton Coast Park, in the Kunene Region.
According to the Ministry of Mines and Energy, companies have been exploring diamonds in the area since the 1950s.
Maritime transport constitutes approximately 85 percent of Namibia's domestic trade, with marine diamonds being the leading commodity and the largest contributor to the country's GDP.
Prime Minister Saara Kuugongelwa-Amadhila says Namibia should ensure optimal value for its natural resources such as diamonds to increase revenue, create jobs and reduce poverty.
The Premier said this during her first visit to Namib Desert Diamonds.