Tag Archive | "economic recession"

Namibia’s Diamonds Dwindle

Tuesday, November 24, 2009

Namibia is having to contend with strong under currents these days. The economic recession has put paid to the country's main life-line: diamond exports. The road ahead?

A glimmer of hope for the diamond market

Tuesday, April 7, 2009

As the economic recession increased its stronghold on consumers, plunging jewellery sales sent the diamond industry into a tail spin. At the onset of the slowdown, the industry seemed immune, as sales of top tier goods overshadowed the decline in mid-grade diamond sales.

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