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News from our businesses and markets

Subsequent to President Dr Hage Geingob’s announcement earlier today, Namdeb Holdings confirms that Inge Zaamwani-Kamwi has given notice that she will step down from her position as Chief Executive Officer to take up a role in the Office of the President. Inge will remain in her current role until the end of July 2015, to ensure an appropriate transition process.
Dr Elijah Ngurare, Chairman of Namdeb Holdings, said: “Inge has transformed Namdeb into an iconic national company, cementing its position as the single biggest contributor to the Namibia Treasury. The Board of Namdeb Holdings is grateful to Inge for her significant contribution to the success of the Company, and wishes her every success in her new role. We will continue to tap into her knowledge and expertise”.
An announcement about the future leadership will be made in due course.
ISSUED BY NAMDEB CORPORATE COMMUNICATIONS
Pauline Thomas
Brand Manager
Mobile number: +264 811 414 929
Facsimile: +264 61 204 3367
E-mail: [email protected]
For more information on Namdeb visit: www.namdeb.com
NAMDEB DIAMOND CORPORATION (PTY) LTD
Namdeb is a wholly owned subsidiary of Namdeb (Proprietary Limited Holdings which is owned in equal shares (50:50) by the Government of the Republic of Namibia and De Beers. Namdeb performs land-based prospecting (exploration), mining and rehabilitation operation and services for Namdeb Holdings. Namdeb has eight mining licences which cover 15 789 square kilometres. The heart of the operations is along the southwest coast of Namibia with the main land-based operations in Oranjemund and satellite mines near Lüderitz and along the Orange River. Several types of innovative mining techniques are employed to extract diamonds from alluvial deposits of ore bodies. Namdeb is proud to be a significant contributor to the Namibian economy. In line with Namdeb’s efforts to mine to 2050 and beyond, avenues will continue to be explored to create a more sustainable impact in support of Namibia’s Fourth National Development Plan (NDP4) which paves the way towards achieving the Namibia’s Vision 2030 goals.