Namdia Eyes 50 Percent of Namdeb’s Diamond Production

Namdia Eyes 50 Percent of Namdeb’s Diamond Production

Desert Diamond Company Namdia’s Executive Management wishes to buy at least 50% of Namdeb Holdings’ diamond production, said its Finance Executive Officer Sven von Blottnitz. Blottnitz said this in a recent interview, while explaining the recent N$30,9 million write-off of the investment value in the Okahandja-based Namgem diamond polishing factory. The finance executive said despite…