20
May
Niël Terblanché The Group of Seven (G7) nations; the United States, United Kingdom, France, Germany, Italy, Japan, and Canada, are planning to introduce further sanctions on Russia that would have a further negative impact on Namibia’s ability to trade in diamonds. These measures proposed by the G7 nations are part of broader efforts to reduce Russia's revenue, which is believed to be financing its conflict in Ukraine. Brent Eiseb, the Chief Executive Officer of the Namibia Diamond Trading Company, said that in addition to market challenges, the diamond industry must contend with the impact of the G7 restrictive measures against…
