The Namibia Diamond Trading Company (NDTC) paid $12.5 million (NAD 100 million) in dividends to the government and to De Beers so far this year, the company's chief executive, Shihaleni Ndjaba, The Namibian newspaper.
Namibia's Mines and Energy minister, Isak Katali, said the dividends reflect steady progress and growth for the local diamond industry. He was quoted saying, "Unemployment continues to be a challenge to our country, but I am particularly encouraged by the progress that is being made by the NDTC and its partners, through value-addition activities, to try and address the lack of skills and capabilities in our job markets through training and development programs.''
-Rapaport
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