Namibian Diamond Co. Suspends CEO, COO After Deadly Heist
Namib Desert Diamonds also put its security manager on leave following last month’s robbery that left one employee dead.

On Monday, the company announced that its board passed a resolution over the weekend to suspend CEO Alisa Amupolo, Chief Operations Officer Uahoroka Kauta, and Paulinus Sheyapo, the manager of security.
The board appointed Lelly Usiku to serve as interim CEO to ensure “business continuity.”
An economist by training, Usiku is head of the diamond company’s market development, sales, and branding operations, and has stepped in as interim CEO before.
The robbery happened in the early evening hours of Jan. 18 when several individuals, allegedly aided on the inside by one of the company’s employees, entered Namdia’s headquarters in the Namibian capital of Windhoek.
Gunfire broke out during the robbery and two individuals were killed—58-year-old Francis “Gosh” Eiseb, a Namdia security guard who had been with the company since 2019, and one of the suspects, Max Endjala.
Two individuals have been arrested and charged in the case, including the Namdia security guard who allegedly served as the mastermind behind the robbery.
Namdia has said little publicly about the details of the crime, including the value of the diamonds stolen, and repeatedly has postponed a joint press conference with Namibia police.
On Monday, the board said the decision to suspend its CEO, COO, and security manager was “not taken lightly,” but felt it was the right decision to prevent any questions being asked about the integrity of the investigation and the process of recovering the stolen diamonds.
“At this stage, we have no reason to suspect any Namdia employees apart from the suspect already in custody. The Namdia board has decided to take this urgent precautionary step in the business’ best interests, as well as to protect the integrity of both the executives and the investigation,” the board said.
“As we chart a course through these tragic events, the investigation and recovery process must be concluded as quickly as possible.”
The Latest

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The new show will take place Jan. 23-25, 2026.


The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

Sponsored by Digital Monitoring Products

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.






















