Mmegi

BDC, Debswana partner for diversification drive

Partners: Keabetswe and Motsomi signed the agreement on Monday PIC: MBONGENI MGUNI
Partners: Keabetswe and Motsomi signed the agreement on Monday PIC: MBONGENI MGUNI

State economic diversification agency, the Botswana Development Corporation (BDC), is formally partnering with Debswana as the diamond giant pivots into other initiatives and ventures beyond diamond mining.

Debswana has reportedly received preliminary board-level approval for its diversification strategy, which seeks to leverage the group’s expertise, non-diamond assets and interests into broader ventures beyond diamond mining.

Previously released hints by the diamond group indicated that Debswana was looking at opportunities such as solar power generation, biofuel generation, data monetisation, local manufacturing, small-scale mining, repair and maintenance, sustainable eco-tourism and others.

Editor's Comment
The real test is in the doing, not the saying

“Injustice anywhere is a threatto justice everywhere.”— Dr. Martin Luther King Jr.We listened, and we want very much to believe him, but our belief will not be secured by fine speeches; it will be secured only by action.For far too long, there has been a suspicion amongst ordinary Batswana that the law has two faces; one for the ordinary man and woman struggling to make ends meet, and another, gentler face for the well-connected and the...

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