Also known as: Namibia Diamond Trading Company
NDTC — Namibia Diamond Trading Company that terminated quota for Almond Diamonds, affecting diamond sector employment.
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New Era
Namibia Diamond Trading Company plays central role in sorting and valuing locally produced diamonds
“Namibia's diamond industry operates through a long-standing partnership between the government and De Beers, with the Namibia Diamond Trading Company playing a central role in sorting and valuing locally produced diamonds.”
Biggest gem in 20 years boosts hopeInformanté
Namibia Diamond Trading Company (NDTC) terminated Almond Diamonds's diamond quota in December 2024 due to alleged non-compliance issues
“A total of 35 local diamond polishers from Almond Diamonds mining company face retrenchment after the company's diamond quota was terminated in December 2024 by the Namibia Diamond Trading Company (NDTC) due to alleged non-compliance issues.”
Mine Workers Union engages Wise amidst looming retrenchmentsNamdeb Diamond Corporation's Southern Coastal Mine in Oranjemund discovered a 176.29-carat diamond, Namibia's largest in two decades, officially unveiled by President Netumbo Nandi-Ndaitwah. The find offers hope to the industry as it faces pressure from weak global demand and growing competition from laboratory-grown diamonds.
2 October 2026 · New Era →
Namdeb Diamond Corporation's Southern Coastal Mine in Oranjemund discovered a 176.29-carat diamond, Namibia's largest in two decades, officially unveiled by President Netumbo Nandi-Ndaitwah. The find offers hope to the industry as it faces pressure from weak global demand and growing competition from laboratory-grown diamonds.
2 October 2026 · New Era →
President Netumbo Nandi-Ndaitwah has unveiled a 176.29-carat diamond named "Owishi" recovered by Namdeb at the Southern Coastal Mine in Oranjemund on 10 May 2026, the largest of its kind recovered there in two decades. The President described the discovery as reinforcing Namibia's position as a producer of high-quality gem-grade natural diamonds in a global market facing competition from laboratory-grown alternatives.
30 September 2026 · Informanté →
De Beers CEO Al Cook says the company's sale could be completed within weeks, with governments including Namibia, Botswana and Angola, and industry investors expressing interest in acquiring stakes. Cook envisions the company's future as a public-private partnership combining governments and private investors.
19 June 2026 · Windhoek Observer →
The government is considering spending up to N$3 billion to buy a stake in De Beers, reportedly partnering with Angola and Botswana, which already hold 15% of the diamond company. The deal follows Anglo American's decision to exit De Beers and sell its 85% stake, with De Beers' valuation dropping significantly from N$65.7 billion to N$6.9 billion.
11 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 →
The Mine Workers Union of Namibia met with the Minister of Justice and Labour Relations to discuss looming retrenchments in the diamond cutting and polishing sector, including 35 workers facing job losses at Almond Diamonds after the company's quota was terminated by the Namibia Diamond Trading Company. The Union called for policy reforms, stronger worker protections, and tripartite engagement in mining sector governance.
19 March 2026 · Informanté →
The Ministry of Education, Innovation, Youth, Sport, Arts and Culture has invited industry stakeholders to help shape the return of the Namibian Annual Music Awards (NAMAs), which have been dormant since MTC withdrew funding in 2020. A stakeholder engagement session is scheduled for 14 March to strengthen the awards' credibility and gather input on award categories, industry development needs, and future direction.
10 March 2026 · The Namibian →