from the company to pay corporate tax, royalties and dividends

As it became known, in the past, the Government of Namibia has received from De Beers 4 billion rand ($ 305 million) from the company to pay corporate tax, royalties and dividends.
De Beers and the Namibian government is jointly owned by Namdeb Holdings, which operates in diamond mining along the southwestern coast of the country, ground operations in Oranjemund (Oranjemund), as well as mines near Luderitz (Lüderitz) and along the Orange River.
Local newspaper The Southern Times reports that the official Windhoek received from diamond giant 2.2 billion rand in the form of corporate tax, 1.1 billion rand in royalties and $ 700 million rand in dividends.
It is expected that Namibia will also receive up to 6 billion rand given 2 billion rand from the state-owned company Namib Desert Diamonds (Namdia).
Namdia was formed after last May, De Beers has agreed to sell the Namibian diamonds produced by Namdeb, worth about 2 billion rand a year.
Namdeb Holdings production fell in 2016 by 11% to 1.6 million carats from 1.8 million carats a year earlier due to reduced production Debmarine Namibia.
The vessel is the last planned maintenance is expanded in the port. Namdeb also recorded a decline in production at its ground operations.
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