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Written by Desie Heita
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The murky dealings that often accompany the diamond world have
started to emerge with revelations that the Minister of Mines and Energy may have
overlooked his own moratorium on issuing new diamond cutting and polishing licenses.
Diamond companies have also started recruiting workers
despite the fact that the Namibia Diamond Trading Company (NDTC) is yet to
select companies that will receive diamonds to cut and polish.
The Economist has established that new licenses for cutting
and polishing diamonds were being acquired as recently as July, despite the
February moratorium.
But the diamond commissioner has refuted such claims saying his
“books are clean”.
Erkki Nghimtina, the Minister of Mines and Energy, put up
the moratorium on 1 February this year following the re-negotiations of the
sales and shareholders agreement with De Beers. Under the new agreement, Namdeb
- the joint venture diamond company between De Beers and government - will avail
16% of its annual diamond production to be cut and polished in Namibia.
Diamond commissioner Kennedy Hamutenya said the new diamond
sales agreement with De Beers sparked a diamond rush, with international companies
rushing to the country after getting wind of the new development.
The ministry was inundated with a massive number of
applications for diamond cutting and polishing licenses, but none had been
issued by the minister, he said.
On the contrary, however, new companies such as Dali Diamond
Co announced said they only obtained their cutting and polishing licenses in
July.
This revelation came to light last week when the company announced
that it would set up a multi-million cutting and polishing plant in Prosperita
Industrial Park.
Another new diamond cutting and license recipient is Almond
Diamonds, which, last week invited job applications for its diamond cutting and
polishing.
The NDTC, which will sell diamonds to the local cutting and
polishing industry on behalf of Namdeb, is still going through the 18
applications it has so far received.
Hamutenya said only 20 cutting and polishing licenses have
been granted over the years, well before the moratorium.
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