Rough diamonds for local diamond cutting works in Namibia

The diamond cutting and polishing factories in Namibia have been in decline, now employing only one thousand people.

The agreement between diamond producer De Beers and the Namibia Diamond Trading Company NDTC, which is equally owned by the two entities, currently supplies ten percent by value of all locally mined diamonds to the market.

The Namibian government is weighing up all options to provide more rough from (NDTC) to be supplied to the local cutting and polishing firms, said Minister Isak Katali.

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