Di­a­mond deal

Weekend Argus (Saturday Edition) - - FRONT PAGE -

GABORONE: Namibia’s gov­ern­ment has set up a new di­a­mond mar­ket­ing com­pany that will han­dle the sales of up to 15 per­cent of the an­nual rough di­a­mond pro­duc­tion from Nam-Deb Hold­ings – a joint ven­ture part­ner­ship be­tween the Namibian gov­ern­ment and De Beers.

Namibian mines min­is­ter Obeth Kand­joze said Namibian Desert Di­a­monds, had a pri­mary ob­jec­tive of price dis­cov­ery that will be used to in­form gov­ern­ment di­a­mond pol­icy, go­ing for­ward.

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