Debswana cautiously optimistic in 2016
Friday, March 18, 2016
Briefing the business community on Wednesday, managing director Balisi Bonyongo said the ingestion in the diamond pipeline that crashed demand and prices leading to a 38 percent drop in earnings for the company last year, seems to be dwindling.
“Due to the challenging environment, we had to reduce production by 3 million carats from our target in 2015. Despite the sluggish demand, we did not cut our workforce as we redeployed the workers that were affected by the mothballing of the Damtshaa operation.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...