Diamonds are forever

Namibian diamonds a point of discussion

14 October 2019 | Local News

Tom Alweendo; Minister of Mines and Energy; “We have to urge people to buy natural diamonds as they contribute to our economy.”

Swakopmund • Adolf Kaure

A panel discussion on the future of Namibian diamonds took place at The Dome in Swakopmund recently.

The discussion, which was initiated by Eagle FM as part of the Swakopmund International Trade Expo (SWAiTEX), was held under the theme “Are diamonds forever?” and featured panelists such as the Minister of Mines and Energy Tom Alweendo, CEO of the Namibia Diamond Trading Company (NDTC) Brent Uiseb, the CEO of NAMDIA Kennedy Hamutenya, as well as the chairperson of the Diamond Manufacturers’ Association Ofer Babluki.
One of the key topics that was discussed, was synthetic diamonds and how they affect natural diamonds.

According to NDTC’s Brent Uiseb, some people say that synthetic diamonds are a threat while others feel they are an opportunity. “The way we market these synthetic diamonds, is what will determine whether they are an opportunity or a threat.”

Uiseb said that Namibia needs to convey the message that natural diamonds contribute to other sectors and to Namibia’s economy. “People value natural diamonds more as they go through a long process of to form, and this carries a greater sentimental value than synthetic diamonds. Lab grown diamonds have a place in the market as long as they are passed on as lab grown diamonds and not as natural diamonds.”

The Minister of Mines and Energy, Tom Alweendo, said that as long as people know whether a diamond is natural or synthetic, they can choose which one they want. “However, as a diamond producing country, we have to urge people to buy natural diamonds as they contribute to our economy.”

The mining sector contributes 14% of Namibia’s GDP, of which the diamond industry contributes the bulk.

Other topics discussed include how Namibia can become more competitive in terms of cutting, polishing as well as creating its own jewellery from diamonds, and how the SME sector can benefit from the diamond industry.

“We need to make sure that policies including legislation encourage investors and businesses to tap into our diamond industry and use skills acquired to be more competitive,” Alweendo said, challenging NAMDIA to host a fashion week that will showcase local diamonds.

In terms of involving the SME sector, Uiseb said that there should be more colleges and institutions teaching people how to cut, polish and turn these gems into jewellery.

Diamonds were discovered in Namibia about 110 years ago.

Similar News

 

Kambueshe not in the running

21 hours ago | Local News

Swakopmund • [email protected] The chairman of the Erongo regional council and the regional council member of the Swakopmund constituency, Juuso Kambueshe (SWAPO), will not...

New lift for at Antonius Residence

3 days ago - 24 September 2020 | Local News

Finally, after five decades, the lift at the Antonius-Residenz old age home in Swakopmund has been replaced by a modern elevator. The new elevator officially...

Rough seas flood Tiger Reef again

3 days ago - 24 September 2020 | Local News

A high swell hit large parts of the Namibian coast at the weekend. In Swakopmund on Saturday, Tiger Reef Beach Bar’s parking lot was...

Tempers flare at Windpomp 14

4 days ago - 23 September 2020 | Local News

Mile 14 • [email protected] The Windpomp 14 campsite outside Swakopmund was the focus of a heated debate on social media over the weekend....

Stepping Stones sit bouplanne op ys

6 days ago - 22 September 2020 | Local News

Swakopmund • [email protected] Voor die Covid-19-pandemie die Namibiese ekonomie verpletter het, was me. Almarie Mostert en haar span by Stepping Stones hard aan...

Hulp vir bejaardes

6 days ago - 22 September 2020 | Local News

Swakopmund • [email protected] Vir bejaardes, wat as kwesbaar vir die Covid-19-virus beskou word, is die alledaagse lewe deur die pandemie omver gegooi. Spar Swakopmund...

Namdock housing plans on ice

6 days ago - 21 September 2020 | Local News

The management of the Walvis Bay ship repair company Namdock said that in looking to create a stable future for both its employees and the...

Mine employee collapses, dies

1 week ago - 20 September 2020 | Local News

An employee of the CGN Swakop Uranium mine passed away after he collapsed while working at the mine on Saturday, chief executive Cai Yusheng confirmed....

Community association established in Walvis Bay

1 week ago - 17 September 2020 | Local News

Walvis Bay •[email protected] A newly formed organisation aimed at representing the interests of the Walvis Bay community was officially launched on Tuesday. The...

Soeke na vermiste miljoene

1 week ago - 15 September 2020 | Local News

Walvisbaai · [email protected] Volgens die raadslid vir Walvisbaai se stedelike kiesafdeling, mnr Knowledge Ipinge, het die uitvoerende hoof van die munisipaliteit Muringa Haingura versuim om...

Latest News

115 New Covid-19 cases reported...

11 hours ago | Health

The minister of health and social services Dr. Kalumbi Shangula announced 920 Covid test results were received from the laboratories. Shangula said that of these...

Kambueshe not in the running

21 hours ago | Local News

Swakopmund • [email protected] The chairman of the Erongo regional council and the regional council member of the Swakopmund constituency, Juuso Kambueshe (SWAPO), will not...

Walvis Bay represented at Miss...

22 hours ago | Events

Walvis Bay •[email protected] Former Miss Walvis Bay Monique Smith is a semi-finalist in the prestigious Miss Supranational Namibia beauty pageant slated to take place on...

Laptop thieves on the prowl

22 hours ago | Crime

Swakopmund • [email protected] Police in the Erongo region have called on the public, especially shop owners, to be on their guard against a new...

Hotto switch to Pirates

22 hours ago | Sports

Swakopmund • [email protected] Deon Hotto was recently unveiled as signing for South African soccer giants Orlando Pirates.Gerald Güther, who formerly coached Hotto at Swakopmund...

Celebrating black women

22 hours ago | Art and Entertainment

Swakopmund • [email protected] Swakopmund-raised poet Frieda Mukufa (26) who goes by the stage name Damn_Etu, has embarked on a journey to have her poetic...

Eighty three Covid positive cases...

1 day - 26 September 2020 | Infrastructure

The minister of health and social services Kalumbi Shangula announced that a total number of 1 075 results were received from the laboratories. Shangula said...

Ninety-five new Covid cases, 87...

2 days ago - 25 September 2020 | Health

The minister of health and social services Dr Kalumbi Shangula announced 95 new Covid-19 cases and 87 recoveries on Friday afternoon. Shangula said that no...

Girls cricket action at the...

2 days ago - 25 September 2020 | Sports

Walvis Bay •[email protected] practicing contact sports has been allowed after the end of the State of Emergency, more sporting events are expected to start at...

Load More