diamond robbery

Presidential advisor calls for better industry security in the wake of Namdia robbery

Namib Desert Diamonds head office, Windhoek Presidential Economic Advisor James Mnyupe says that he does not believe the robbery at Namib Desert Diamonds will have a significant impact on the economy. He said the incident shows the value of Namibia's commodities, such as diamonds, which are highly sought after globally. Mnyupe called for improvements in security concerns within the industry.

January 21, 2025 57

Namibia

Namib Desert Diamonds Robbery Investigations Reveal New Details

Investigations into the recent N$1-billion Namib Desert Diamonds (Namdia) heist have uncovered that one of the suspects provided false information to the police, naming two fake Angolan accomplices. The robbery, which nearly succeeded, was thwarted when neighbors alerted a private security company. Authorities believe the stolen diamonds could be worth between N$1 billion and N$1.3 billion, though other reports suggest a lower value. Police have identified three suspects: Trustco’s […]

January 21, 2025 82