By: Nghiinomenwa-vali Hangala
Beyond the turbulent global diamond markets, the Namibian diamond cutting and polishing industry is facing policy uncertainty, particularly in relation to transitioning from the current Export Processing Zone (EPZ) regime to the Special Economic Zone (SEZ) regime.
This is according to the Namibia Diamond Trading Company (NDTC), which sells raw diamonds to the sightholders (processing companies).
Speaking at the inauguration of Ankit Gems Namibia’s new diamond processing factory, NDTC chief executive officer, Brent Eiseb, said the diamond beneficiation sector faces challenges that need urgent attention.
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