Namdeb

Namdeb Holding
legal form	Holding
founding	2011
Seat	Windhoek , Namibia
management	Inge Zaamwani-Kamwi
Number of employees	~ 1600 (2009)
sales	N $ 11 billion (2017)
Branch	Mining
Website	www.namdeb.com

NAMDEB Center in Windhoek

The Namdeb Holding (usually only briefly NAMDEB or Namdeb ) is an existing since May 18, 2011 Holding based in the Namibian capital Windhoek . It combines the previously independent companies Namdeb Diamond Corporation and De Beers Marine Namibia under one umbrella company.

Divisions

NAMDEB

NAMDEB was founded in 1994 and is owned equally by the state of Namibia and the de Beers company . The head office is located in the NAMDEB Center (formerly CDM Building ) on Independence Avenue in Windhoek .

NAMDEB now plays a key role in Namibia's economy . The company is the largest taxpayer, exporter and - in addition to public administration - one of the largest employers in the country. Since it was founded, NAMDEB has continued to mine diamonds and secure jobs in Namibia. The NAMDEB mining areas are located in and in front of the former “ restricted area ”, which Germany established in 1908 after the discovery of diamonds. The mining town of Oranjemund was founded as a company-owned town.

Until 1994 the company was known under the name "Consolidated Diamond Mines (CDM)".

In addition, NAMDEB holds 100% of Namgem , the first diamond cutting shop in Namibia. The company is based in Okahandja .

Debmarine

In addition to the core area of NAMDEB, the Namibian government has held 50% (previously 15%) in Debmarine, the former De Beers Marine Namibia , which operates offshore diamond mining, and 50% shares in the Namibia Diamond Trading Company, since May 18, 2011 .

Finances

In 2008 NAMDEB had a turnover of 5.651 billion Namibian dollars and a profit of N $ 1983 million. In 2009 sales fell from 56% to 3370 million Namibian dollars due to the global economic crisis and the associated under-subsidization. The annual loss was 555 million Namibian dollars. In 2010 Namdeb was able to report a profit of N $ 419 million. More than N $ 1 billion in taxes were cited to the Namibian state. Sales rose to 5 billion Namibian dollars.

Degradation statistics

In 2008, Namdeb mined around 2.1 million carats in Namibia on its almost 800,000 hectare license area. In 2009, the extraction fell to 0.9 million carats, mainly due to the global economic crisis and an associated mining stop that lasted more than six months. In 2008 more than 1 million carats were mined offshore; in 2009 this type of mining decreased to 0.6 million carats. However, the share in the total reduction increased from 50% to just under 66% between 2008 and 2009.

In 2010 Namdeb was able to increase mining to 1.522 million carats, which means an increase of 63% compared to 2009. In 2011, 1.472 million carats were extracted. In 2012 the mining increased to 1.659408 million carats, of which about one million are extracted in the sea.

Individual evidence

↑ ^a ^b Diamond business reorganized: Namibia buys shares in De Beers Marine and is now an equal partner, Allgemeine Zeitung, May 19, 2011
↑ De Beers Marine Namibia ( Memento from December 1, 2009 in the Internet Archive )
↑ ^a ^b Namdeb records shining results again, The Namibian, May 3, 2011 ( Memento from September 7, 2012 in the web archive archive.today )

Web links

Official website of NAMDEB (English)
De Beers Marine Namibia (English)
Namibia Diamond Trading Company (English)

[AZ19052011-1] Diamond business reorganized: Namibia buys shares in De Beers Marine and is now an equal partner, Allgemeine Zeitung, May 19, 2011

[2] De Beers Marine Namibia ( Memento from December 1, 2009 in the Internet Archive )

[namibian030511-3] Namdeb records shining results again, The Namibian, May 3, 2011 ( Memento from September 7, 2012 in the web archive archive.today )