Namdia appeals for approval of Diamond Bill

Namdia appeals for approval of Diamond Bill

Namdia appeals for approval of Diamond Bill

Stefanus Nashama Namib Desert Diamonds (Namdia) has strongly appealed to Namibian lawmakers to consider extra efforts to speed up the processes of drafting and passing the Diamond Bill to enable the company to contribute to economic growth, employment creation and expertise. Namdia said that the bill which is currently in the draft stage should be passed since the company generates much of its income from the export of rough diamonds with low local participation. This follows a recent decision by the government to ban the export of raw materials, a strategy to encourage economic growth and employment creation. During consultations…
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