Cut 8 to pump P301bn into Botswana economy

Wednesday, November 25, 2015

The expanded Jwaneng Mine pit will directly contribute more than US$28 billion (P301 billion) to the economy and no less than 1,000 jobs during its operational phase between 2017 and 2029, a research by PricewaterhouseCoopers (PwC) indicates.

Commissioned by De Beers, the report was released this week at a conference held to celebrate the 46-year partnership between the global diamond giant and the government of Botswana.

Known as the Cut 8 project, the expansion of the Jwaneng Mine pit will uncover a further 105 million carats of high quality diamonds between 2017 and 2029.

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Cut 8 to pump P301bn into Botswana economy

The expanded Jwaneng Mine pit will directly contribute more than US$28 billion (P301 billion) to the economy and no less than 1,000 jobs during its operational phase between 2017 and 2029, a research by PricewaterhouseCoopers (PwC) indicates.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

Kwa Nokeng Oil sponsors young biker with P120,000

Routine child vaccination imperative