In July 2007, the Namibian arm of Diamond Trading Company announced competitive selection among the country’s diamond cutting factories to be included into the first list of NDTC sightholders. At that time, Hard Stone Processing (Pty) Ltd (HSP) was already working in Namibia as an independent manufacturer and its factory successfully occupied a strong position among the leading sightholders turning into one of the three top diamond cutting companies in Namibia. Its CEO Burhan Seber gave this interview to Rough&Polished.
Botswana diamond miner, Debswana recently said that the temporary dip in diamond prices will likely see the company producing just below its target of 25 million carats for 2011. However, Esther Kanaimba-Senai, the Group’s Manager for Corporate and Public Affairs, told Rough&Polished in an interview that Debswana was not in trouble.
Malca-Amit is a full service courier company with a 21 year record of providing the highest quality personalised service and the most efficient logistic solutions for diamonds, jewelry, gold, coins, bank notes, and valuable documents. Our correspondent in Brussels caught up with Nigel Paxman, CEO of the Malca-Amit Group of Companies, to find out more about this company.NamGem, a wholly owned subsidiary of Namibian diamond producer Namdeb say rough and polished diamonds worth a total of $2.63 million were stolen from its factory in Okahandja, about 60 km east of Windhoek.
Company chairman Kennedy Hamutenya was quoted by Reuters as that the theft appeared to be an inside job.
"There were no signs of breaking in at the factory or at the safe. The signs are pointing to an inside job," he said.
The stolen diamonds included rough stones valued at 2.1 million, polished diamonds amounting to $480 000 and partly polished stones worth $56 000.
Reuters reports that it was unclear what financial consequences this could have for the company, although NamGem did have insurance on the gems.
Mathew Nyaungwa, Rough&Polished from Namibia
Rough&Polished
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