Debswana saves P1bn through cost-cutting

Bonyongo
Bonyongo

Debswana managed to save up to P1 billion in 2016 through a range of measures to improve efficiencies and cut costs. The company looked to navigate a difficult period of slow consumer demand and indigestion in the diamond pipeline hence the need to act.

Under its high performance promise strategy the company, which saw its earnings drop 37% in 2015, last year effected a range of measures to improve operational efficiencies  while it also concentrated  production on its high value and low cost assets.

Briefing stakeholders in Gaborone this week, managing director, Balisi Bonyongo said in a bid to cut costs they are managing to improve tyre lifespan, fuel consumption and improve productivity.

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...

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