BoN highlights diamond sector risks, confirms Eurobond readiness

NAMPA

2025-10-15

WINDHOEK, 15 June 2022 - BoN Governor Johannes !Gawaxab. (Photo by: Maqonda Ndlovu) NAMPA

WINDHOEK, 15 OCT (NAMPA) – Governor of the Bank of Namibia (BoN), Johannes !Gawaxab, has warned that Namibia’s diamond industry is facing significant headwinds, with production expected to contract for a third consecutive year.
He further confirmed that the country is fully prepared to redeem its Eurobond later this month.
Speaking during the Monetary Policy Announcement on Wednesday, !Gawaxab said the diamond sector continues to experience ‘ser...

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