Messika Gives 25% of Company to Local Staff
Maihapa Ndjavera –
New Era Live – Namibia –
Andre Messika Diamonds, a supplier of polished diamonds to the global luxury jewellery market, this week revealed it will be donating 25% shareholding in the company to its Namibian employees. This is in efforts to promote local ownership and participation in the industry.
At the launch of the share participation initiative on Tuesday, operations director at Andre Messika, Marc Friedman, said the company believes its employees are the lifeblood of the organisation, and their hard work and commitment has propelled the company to new heights.
Namib Desert Diamonds (Namdia) CEO Alicia Amupolo added her voice, saying when employees have a stake in a company’s success, they are more likely to work towards its long-term growth and profitability. Fostering an environment that nurtures their talents is key to attracting and retaining high-quality employees, she observed.
“Through this programme, we aim to reward their invaluable contributions by providing them with a stake in our success. By becoming shareholders, they will not only reap the financial benefits, but also strengthen their sense of ownership and motivation,” he noted.
Andre Messika Diamonds is one of the leading diamond companies in southern Africa in training and employing disabled diamond specialists.
At the occasion, mines and energy deputy minister Kornelia Shilunga said this is a historic moment for Namibia’s diamond industry, and a significant step towards achieving the goal of promoting local ownership and participation in the sector.
She stated that the ministry formulated a mineral beneficiation strategy envisaged to transform the economy through diversification, job creation, skills development and increased income distribution.