The Diamond Board of Namibia is a non-commercial public entity operating under the auspices of the Ministry of Mines, Energy, and Industry. It was established by the Diamond Act 13 of 1999, with a duty to advise the Minister on pertinent matters relating to the diamond industry in Namibia, protect, promote and administer control measures regarding the possession, purchase, sale, processing, import, and export of Namibia’s natural gem-quality diamonds, among others.

Mandate

The mandate of the Diamond Board of Namibia was established under the Diamond Act No. 13 of 1999. The Act provides for the establishment of the Diamond Board of Namibia, defines its objectives, powers, duties, and functions, and establishes the Diamond Board Fund.

 

The primary mandate of the Diamond Board is as follows:

  • Promote: To earn trust about Namibia’s gem-quality natural diamonds

  • Protect: To protect the Namibian diamond industry and its reputation

  • Sustain: To ensure a sustainable future for the natural Namibian diamond industry

  • Advisory Services: Positioning the diamond industry as influential and a contributor to sustainability principles

  • Strengthen Institutional Capacity: Ensure the efficient administration of the Board through the application of sound corporate governance principles

In 2016, the Diamond Board of Namibia was classified as a non-commercial Public Enterprise. As such, it is required to comply with the Public Enterprises Governance Act (PEGA), Act 1 of 2019.

Vision

The vision of the Diamond Board is to create a global brand for Namibia’s gem-quality natural diamonds.

Mission

The mission of the Diamond Board is to protect and promote the integrity of Namibian diamonds to ensure the sustainability of the Namibian diamond industry.