10
Nov
Rebekka Bengela Mining is an important sector in Namibia, but it is also an industry that may have a damaging impact if not carefully safeguarded. Economically, mining's contribution to the Namibian GDP has been phenomenal. Despite the mining sector contracting by 1.2% in 2024, over the past five years (2019-2023), diamonds and uranium were the most significant mineral commodities contributing to Namibia’s economy. In 2023, the Kimberley Process Certification Scheme (“KPCS”) revealed that Namibia (having the richest known marine diamond deposits in the world, estimated to total more than 80 million carats) is among the top five African diamond exporters,…
