insert_link Business / Economics Government denies claims of plan to buy stake in De Beers De Beers store (Photo by: Financial Times) The government has rejected reports suggesting that the Cabinet approved a plan for the country to acquire a stake in the De Beers Group. The rumoured transaction claimed Namibia would purchase a 10–15% share in the global diamond company, valued at roughly N$14.5 billion, together with Botswana and Angola. In a statement, the Ministry of Industrialisation, Mines and Energy clarified that the Cabinet […] today19 November, 2025
insert_link Interview Transcripts EXCLUSIVE INTERVIEW: Landless People’s Movement Condemns NamDeb Housing Policy: A Case of Exploitation In a recent development concerning housing policies in Oranjemund, Namibia, the Landless People's Movement (LPM) has voiced its concerns over the actions of NamDeb, a diamond mining company operating in the region. Lifalaza Simataa, a prominent figure within the LPM, has raised alarm over NamDeb's decision to alter its housing arrangements for employees, shifting from providing accommodation and meals to now mandating employees to seek residency in company-owned flats at […] today20 March, 2024
