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Vol 46 No 15

Published 22nd July 2005


Namibia

Diamond battles

The diamond war between Israeli magnate Lev Leviev and South African giant De Beers is heating up again in Namibia, a year after Leviev's LLD Diamonds Namibia subsidiary opened a US$6 million high-tech gem processing factory in Windhoek. President Hifikepunye Pohamba praises it for adding value to Namibia's diamonds and creating jobs (AC Vol 46 No 6). Leviev hopes to replace De Beers as the government's preferred partner (and has awarded a 'bursary' for the geology course taken by ex-President Sam Nujoma at the University of Namibia).

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