De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

Today

Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

25 march 2019

Namibia diamond trading company appoints new CEO

21 january 2019

Namibia Diamond Trading Company (NDTC), a joint venture between the Namibian government and De Beers, has appointed Brent Eiseb as the new chief executive with effect from 1 January, according to local news reports citing the company’s board of directors.
Eiseb, who was the senior manager sales and marketing, took over Shihaleni Ellis Ndjaba who retired following 11 years at the helm of NDTC.
“The NDTC board of directors thank Ndjaba for his remarkable contribution to NDTC’s continued success,” NDTC board chairperson Paul Rowley was quoted as saying by the Namibia Economist.
“I wish him a wonderful and restful retirement and equally congratulate Eiseb on his new role and wishing him well as he takes on the leadership of NDTC.”  
Eiseb started his career in the diamond industry as a trainee sorter with De Beers 23 years ago.
He later joined the group’s rough diamond division and occupied several positions.
Eiseb also joined the sales team in London as a trainee key account manager after spending 10 years in the rough diamond division.
He returned to Namibia in December 2007 to take up the role of a key account manager and was in April 2010 appointed as the head of sales and marketing.
Eiseb relocated to Gaborone in 2011 to take up the role of vice president sales eastern hemisphere for De Beers global sightholder sales and he was responsible for leading the key accounts management teams for the Indian and the far east markets.
He returned home in May 2016 to take up the role of senior manager sales and marketing at NDTC and was said to be instrumental in the implementation of the new Namibian sorting, valuing, sales and marketing agreement.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished