Alexforbes Lead Story - Willy Mertens

Loading player...
Debmarine Namibia's revenue dropped by 38% to N$8.5 billion in 2024 due to lower diamond prices and reduced production. The company produced 2.234 million carats, down from 2.327 million in 2023, with the Benguela Gem vessel contributing 37% of the total output. In our Lead story, Gary Stroebel speaks to Debmarine Namibia's CEO Willy Mertens. 
25 Mar 2025 English South Africa Business · Business News

Other recent episodes

Ghost Biz - 15 October 2026

Today in Ghost Biz, Gary Stroebel and The Finance Ghost discuss: Boxer’s resilient results despite food deflation, rising costs, and tough trading conditions. Standard Bank’s investment in Nigerian fintech OPay ahead of its New York Stock Exchange IPO. How the OPay deal could give Standard Bank greater fintech exposure and…
15 Oct 7 min

Alexforbes Lead Story - Martha Nangolo

In the Alexforbes Lead Story: Namibians have little say in how the national budget is made. The Open Budget Survey gives the country just seventeen out of one hundred for public participation, with zero for input during Parliament’s budget approval and zero at the audit stage. With Namibia continuing to…
15 Oct 7 min

Market Watch - Panduleni Shaduka

Coming up in the Market Watch - Michelle van Wyk speaks to Panduleni Shaduka from Cirrus about Namibia’s widening budget deficit, falling revenue and rising government expenditure. They also discuss the country’s growing debt burden, the pressure on public finances, and why a final investment decision on oil and gas…
13 Oct 14 min