Diamonds

Namibia’s Finance and Social Grants Management Minister Ericah Shafudah has flagged the diamond sector’s ongoing underperformance as a significant vulnerability...

Debmarine Namibia has reported a 38% decline in revenue to N$8.5 billion for 2024, attributing the drop to reduced diamond...

The Namibia Revenue Agency (NamRA) expects tax revenue from diamonds to decline by N$6 billion this year due to depressed...

De Beers increased its capital expenditure in Namibia to N$754 million (U$41 million)  in 2024, up from N$643 million (U$35...

Namibia produced 2,234 million carats of rough diamonds in 2024, a 4% decrease from the 2.327 million carats of diamonds...

Namibia’s Mines and Energy ministry has called on small and medium enterprises (SMEs) to capitalize on opportunities in the country’s...

The Ministry of Mines and Energy says Namibia’s G7 diamond certification will not be decided until after February next year....

Three Namibian jewellery designers were among the winners of the 2024 Shining Light Awards. Juliana Fransisko claimed first place in...

Namib Desert Diamonds (NAMDIA) says it has generated US$1.1 billion (N$19.9 billion) in sales revenue since its inception.   NAMDIA Chief...

The Bank of Namibia (BoN) has warned that ongoing challenges in the mining sector, particularly the diamond industry, could extend...