Also known as: Namdia
State-owned diamond company at the center of a N$314 million heist in January 2025 involving G4S security personnel.
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Informanté
Namib Desert Diamonds (Ltd) Pty sued G4S for negligence after employee stole during heist response
“This is after Namdia sued G4S for negligence after its employee, Samuel Shipanga, a security guard, also stole during an armed response to a heist at Namdia's premises which happened on 18 January 2025.”
G4S says it is only liable to pay N$4 200 in Namdia heistInformanté
Namdia demanded N$314 million for 446 parcels of stolen diamonds
“Namdia claims that G4S breached the written agreement by being grossly negligent in rendering its services and by failing to react and prevent the theft of the diamonds, despite being present at the premises at the relevant time, and thus demanded N$314 million, equivalent to the value of the 446 parcels of diamonds stolen during the heist.”
G4S says it is only liable to pay N$4 200 in Namdia heistG4S Secure Solutions is seeking dismissal of a N$314 million lawsuit filed by Namdia, the state-owned diamond company, accusing Namdia of repeatedly failing to disclose required records.
3 September 2026 · Namibian Sun →
G4S Secure Solutions is seeking dismissal of a N$314 million lawsuit filed by Namdia, the state-owned diamond company, accusing Namdia of repeatedly failing to disclose required records.
3 September 2026 · Namibian Sun →
MTC recorded profits of N$1.45 billion in the 2025 financial year, reinforcing its status as Namibia's most profitable public enterprise in the 2026 IJG Public Enterprise Governance Ranking. Other state-owned enterprises including NamPort, NamPower, and NamibRe showed mixed financial performance, with NamPort emerging as a strong turnaround performer with profits rising to N$864.5 million.
14 July 2026 · Windhoek Observer →
Mobile Telecommunications Limited (MTC) scored 20 out of 20 in IJG Securities' 2026 Public Enterprise Governance Ranking, which assessed public enterprises over five years on annual report publication, profitability, fiscal transfer reliance, and CEO stability. NamPort, Agribank, and NamibRe placed second with 19 points each, while NamPower and NamWater tied for fifth with 18 points.
14 July 2026 · Windhoek Observer →
Former G4S security guard Samuel Shipanga has admitted to police that he took four plastic bags of diamonds from Namdia during a robbery in January, later giving them to his cousin Immanuel Iipinge at his garage in Windhoek. Shipanga said one bag contained six diamonds while the other three held approximately eight diamonds each in different shapes.
10 June 2026 · The Namibian →
Namibia exported N$90.4 billion in goods in 2025, with N$17.6 billion going to the EU, supporting 46,762 jobs. Exports to six EU member states (Spain, France, the Netherlands, Italy, Belgium, and Germany) accounted for 95% of Namibian EU exports, with products including fish, uranium, meat, fruit, charcoal, crustaceans, diamonds, and ores.
14 May 2026 · Informanté →
Security company G4S Namibia says it is only liable to pay N$4 200 in damages in a lawsuit by state-owned Namdia over a January 2025 heist in which 446 parcels of diamonds worth N$314 million were stolen, citing a contractual liability limitation clause. Namdia claims G4S was negligent in failing to prevent the theft despite being present when an employee of G4S participated in the armed robbery.
26 February 2026 · Informanté →
Former Namib Desert Diamonds security officer Joel Angula was denied bail in connection with a N$315-million diamond heist at Namdia's premises last year. Magistrate Atutala Shikalepo ruled that the interest of justice dictates his continued detention pending trial, finding a prima facie case against him despite his assertions that he poses no flight risk and the State's case is weak.
24 February 2026 · New Era →
Final submissions in the bail application of Joel Angula, accused of murder, robbery, and theft of diamonds at Namdia, will be heard on Friday after the State's case closed on the previous hearing. Angula denies all charges and claims he was tied up during the robbery incident, while a police witness testified that Angula was absent for three hours after the crime.
28 January 2026 · New Era →
During a bail hearing, a Namibian Police chief inspector testified that Joel Angula would likely interfere with witnesses and investigations if released, citing his prior misleading statements and knowledge of witnesses. The inspector also stated that 452 of 512 diamonds robbed from Namdia remain missing and could be disposed of or used for further crimes if the accused is freed.
22 January 2026 · New Era →