Mineral resources must benefit  Namibians:  Nujoma

23 June 2017
Founding President Sam Nujoma says Namibia’s mineral resources must be used for the benefit of all Namibians.
“I reiterate my commitment to ensure that our mineral resources are used for the benefit of all our people and to the safeguarding and preservation of our marine resources,” he said when he accepted the naming of the Debmarine vessel, mv SS Nujoma, after him.
He said Namibia is no longer content with mining companies that simply invest to extract and export minerals, adding that the country wants to get more from its natural resources, both directly and indirectly through shareholding in mining ventures, as well as greater value addition by processing raw materials further down the value chain before exporting.
“In addition, no country can progress unless it invests in the development of its youth. I applaud Debmarine Namibia for purposefully embarking on a strategic initiative to grow Namibian captains to master the state-of-the-art mining vessels and for Namibia to fully benefit from its marine resources,” Nujoma said.
The former president said he was honoured that Debmarine had named its first and only dedicated exploration and sampling vessel after him.
“It is therefore my distinct honour and privilege to wish the mv SS Nujoma all the very best in its operations,” he said.  
Debmarine Namibia, a 50/50 joint venture between Government and De Beers Group, was established in 2002. It is the only company in the world to mine diamonds offshore.



The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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