Cote Boursière
AFA - TSX Venture
Share Price
Dernière0,04
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Volume516 800
Date3 fév 2012
Heure14:44


Namibia & l'Industrie du Diamants
The Namibian territory covers 824,269 square kilometers. It is a big country, even by African standards, about four times the size of the United Kingdom and 27 times the size of Belgium. It is also a sparsely populated country. The total of its culturally diverse peoples stand at just 1.8 million, some 160,000 of whom live in and around Windhoek, the capital of Namibia.
 
 
L'économie
 
Namibia is the world's fifth largest diamond producer by value with an average per carat value of US$276. Namibia's marine diamond production has now surpassed traditional land based production. In 2001, over 60% of Namibia's 1.6 million plus carats per year diamond production came from the sea with 95% of the diamonds being of gem quality.
 
 
Le Gouvernement
The Republic of Namibia is a multi-party, unitary republic and one of the most politically stable, well-developed countries in Africa. Since it obtained its independence from South Africa in 1990,   the country has established a constitution recognized as one of the most democratic in the world.

The Head of State is the executive President who is directly elected by the people (he must obtain at least 50% of the votes) for a maximum term of 5 years and for a maximum of two terms. He appoints a Prime Minister and Council of Ministers.

There is a two-chamber parliament. The lower chamber comprises a National Assembly of 72 members, elected every five years through a party-list. The upper chamber represents the various regional councils.

Justice is administered by an independent judiciary system acting through open courts. The constitution places heavy emphasis on the protection of human rights and liberties and firm restrictions on the power of the executive. The basic freedoms of thought, speech and the press, of religion and association are guaranteed by a bill of rights and are "non-derogative" (no government however well supported, may remove or dilute them).

Laws regulating the mining industry insure the security of tenure and offer protection from expropriation and the repatriation of profits.
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