WINDHOEK, April 8 (Xinhua) -- Namibia is encountering challenges in its diamond sector, with sluggish global demand leading to declining prices, a senior official said Monday.
The demand for unpolished diamonds in major markets such as India and China has slowed, leading to downward pressure on prices, said Namibian Minister of Mines and Energy Tom Alweendo during a budget motivational speech to the parliament.
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