Marole leaves Debswana in December

No Image

After long periods of speculation and uncertainty, it looks like Debswana managing director Blackie Marole will now leave the mining giant on December 31. However, he is free to depart earlier once all his perks are paid.

Information reaching Mmegi from sources in government and De Beers, the two joint owners of Debswana, indicate that the parties have agreed on the terms of Marole's departure. It is believed that the deal is generally sealed and is only waiting to be rubber-stamped at a De Beers ordinary meeting to be held in London next week.

While both parties have been tight-lipped on the matter and cannot even confirm the deal, Mmegi understands that Marole will go away with a golden handshake of not less than P10 million. The Debswana chief recently started his second five-year term.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up