Debmarine Namibia is a joint venture company with two shareholders – the Government of the Republic of Namibia (50%) and De Beers (50%).
The Government of the Republic of Namibia (GRN):
Since Namibia gained independence in 1990, great strides have been made in promoting unity, nation-building and socio-economic development. In 2004, Namibia adopted Vision 2030, a strategic document that guides the country’s development programmes to achieve the nation’s objectives. One of the major principles upon which Vision 2030 is based is “partnerships”, which is recognised as a major prerequisite for the achievement of dynamic, efficient and sustainable development. This involves partnership between government, communities and civil society, different branches of government, with the private sector, NGOs, community-based organisations and the international community, partnership between urban and rural societies and, ultimately between all members of the Namibian society.
Debmarine Namibia is currently the largest contributor to the Namibian treasury. We, at Debmarine Namibia, are privileged to fulfill our national duty day-to-day by unlocking the sparkle of marine diamonds for the benefit of the Namibian people.
In 2000, the Government of the Republic of Namibia reviewed the marine diamond mining partnership with De Beers and requested the formation of a Namibian managed marine diamond prospecting and mining company with head office in Namibia, as previously the national resource was mined by a South African based company, De Beers Marine South Africa, operating from Cape Town. In 2011, the Government reviewed the partnership and increased the shareholding from 15% to 50%.
Unlocking the sparkle – Putting namibia on the global map as world leader in marine diamond mining
De Beers has two shareholders – Anglo American (85 per cent) and the Government of the Republic of Botswana (15 per cent). The De Beers Group of Companies was established in 1888. De Beers is involved in almost every stage of the diamond pipeline: exploration, mining, sorting, valuing and selling rough diamonds; marketing and selling polished diamonds and jewellery; and developing synthetic diamonds for industrial use. De Beers employ more than 20,000 people around the world. Follow the link for further information on De Beers: