Expert becomes CEO
Expert becomes CEO

Expert becomes CEO

DIMINCO Diamonds Manufacturing Namibia (DDMN) has appointed international businessman Mr. Tashi Tangeni Shiimi-ya-Shiimi as its Chief Executive Officer.

?We are fortunate to have our Namibian operation led by such an astute business professional. DDMN faces some challenges as we prepare for the next phase in our business cycle, but are very confident that we will achieve success under the leadership of Mr. Shiimi-ya-Shiimi,? said Mr. Chetan Choksi, DIGICO Group Executive Chairman.

DDMN is DIGICO Group?s first and only African operation and is owned by DIGICO Holdings (Hong Kong) and TaTe Group (Namibia).

Established in 1966 DIGICO is one of the largest vertically integrated diamond and jewellery group with activities that span the world. DIGICO has been a DTC sight holder since 1967. DIGICO Group has diamond cutting and polishing facilities in China, India, Thailand and Namibia.

DIGICO?s distribution channel comprises of around 200 DIGICO owned jewellery outlets in Japan & China and 125 affiliate owned outlets in the USA.

Additionally, DIGICO has a distribution channel of over 500 outlets in India. A group company of DIGICO is publically traded on the Tokyo stock exchange.

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Katima Mulilo: 19° | 33° Rundu: 19° | 32° Eenhana: 19° | 30° Oshakati: 21° | 30° Ruacana: 19° | 27° Tsumeb: 19° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 32° Windhoek: 19° | 29° Gobabis: 21° | 33° Henties Bay: 18° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 14:54, High tide: 08:30, Low Tide: 02:00, High tide: 21:12 Swakopmund: 18° | 18° Wind speed: 22km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:28, Low Tide: 02:00, High tide: 21:10 Walvis Bay: 18° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:27, Low Tide: 02:00, High tide: 21:09 Rehoboth: 19° | 30° Mariental: 21° | 33° Keetmanshoop: 20° | 33° Aranos: 23° | 34° Lüderitz: 17° | 32° Ariamsvlei: 22° | 33° Oranjemund: 14° | 22° Luanda: 26° | 28° Gaborone: 21° | 35° Lubumbashi: 17° | 18° Mbabane: 19° | 25° Maseru: 16° | 23° Antananarivo: 18° | 22° Lilongwe: 17° | 28° Maputo: 23° | 34° Windhoek: 19° | 29° Cape Town: 17° | 23° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 26° | 31° Lusaka: 17° | 26° Harare: 16° | 30° Currency: GBP to NAD 23.14 | EUR to NAD 19.3 | CNY to NAD 2.55 | USD to NAD 18.54 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.2 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 134.38 | USD to AOA 912 | USD to BWP 13.9 | USD to EGP 50.27 | USD to KES 129.21 | USD to NGN 1496.41 | USD to ZAR 18.54 | USD to ZMW 28 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 86610.69 Up +0.18% | Namibian Stock Exchange (NSX) Overall Index 1755.71 Down -0.35% | Casablanca Stock Exchange (CSE) MASI 16217.65 Down -0.18% | Egyptian Exchange (EGX) 30 Index 29735.59 Up +0.23% | Botswana Stock Exchange (BSE) DCI 10075.28 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 866.79/OZ UP +0.89% | Copper US$ 4.42/lb UP +1.98% | Zinc US$ 2 800.40/T UP 0.01% | Brent Crude Oil US$ 75.24/BBP DOWN -0.0188 | Platinum US$ 1 009.65/OZ UP +0.88% Sport results: Weather: Katima Mulilo: 19° | 33° Rundu: 19° | 32° Eenhana: 19° | 30° Oshakati: 21° | 30° Ruacana: 19° | 27° Tsumeb: 19° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 32° Windhoek: 19° | 29° Gobabis: 21° | 33° Henties Bay: 18° | 22° Wind speed: 18km/h, Wind direction: S, Low tide: 14:54, High tide: 08:30, Low Tide: 02:00, High tide: 21:12 Swakopmund: 18° | 18° Wind speed: 22km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:28, Low Tide: 02:00, High tide: 21:10 Walvis Bay: 18° | 23° Wind speed: 25km/h, Wind direction: SW, Low tide: 14:52, High tide: 08:27, Low Tide: 02:00, High tide: 21:09 Rehoboth: 19° | 30° Mariental: 21° | 33° Keetmanshoop: 20° | 33° Aranos: 23° | 34° Lüderitz: 17° | 32° Ariamsvlei: 22° | 33° Oranjemund: 14° | 22° Luanda: 26° | 28° Gaborone: 21° | 35° Lubumbashi: 17° | 18° Mbabane: 19° | 25° Maseru: 16° | 23° Antananarivo: 18° | 22° Lilongwe: 17° | 28° Maputo: 23° | 34° Windhoek: 19° | 29° Cape Town: 17° | 23° Durban: 20° | 23° Johannesburg: 18° | 28° Dar es Salaam: 26° | 31° Lusaka: 17° | 26° Harare: 16° | 30° Economic Indicators: Currency: GBP to NAD 23.14 | EUR to NAD 19.3 | CNY to NAD 2.55 | USD to NAD 18.54 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.29 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.2 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 134.38 | USD to AOA 912 | USD to BWP 13.9 | USD to EGP 50.27 | USD to KES 129.21 | USD to NGN 1496.41 | USD to ZAR 18.54 | USD to ZMW 28 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 86610.69 Up +0.18% | Namibian Stock Exchange (NSX) Overall Index 1755.71 Down -0.35% | Casablanca Stock Exchange (CSE) MASI 16217.65 Down -0.18% | Egyptian Exchange (EGX) 30 Index 29735.59 Up +0.23% | Botswana Stock Exchange (BSE) DCI 10075.28 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 866.79/OZ UP +0.89% | Copper US$ 4.42/lb UP +1.98% | Zinc US$ 2 800.40/T UP 0.01% | Brent Crude Oil US$ 75.24/BBP DOWN -0.0188 | Platinum US$ 1 009.65/OZ UP +0.88%