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Tag Archives: Namibia

Namibia’s underwater diamond harvest

In the Atlantic Ocean, off the coast of Namibia, you will find some of the world’s most valuable diamonds scattered like lost change. The discovery of such gems has sparked a revolution in one of the world’s most storied industries for the precious stones buried just under the seafloor. “Our …

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Namibia: Recession Hits Namibia

The Namibian economy has entered into a full recession after the Namibia Statistics Agency (NSA) announced on Thursday that the economy had contracted by 2,7 percent in the first quarter of 2017 compared to a 4,1 percent growth recorded in the corresponding quarter of 2016. The poor performance was mainly …

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Namibia unveils world’s largest diamond exploration ship

Anglo American’s (AAL.L) diamond unit De Beers on Thursday launched the world’s largest diamond exploration vessel off the coast of Namibia as it looks to maintain high production levels until 2035. The 12,000-tonne, 113-metre-long SS Nujoma was built at a cost of $157 million and is named after Sam Nujoma, …

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Woman who saved hubby from crocodile gets award

A Namibian woman who fought off a crocodile that was attacking her husband has been awarded a police prize for “extraordinary” bravery. “Men must see how prepared our women are to save us from danger,” Kavango East governor Samuel Mbambo was quoted as saying at a ceremony to hand over …

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