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.

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.

Editor's Comment
Molepolole unrest: Urgent attention on missing person cases

From Jakoba's mysterious disappearance on November 9 to the grim discovery of his remains at Mosinki Lands, a gap in the response mechanisms of the police and village leadership has been laid bare. The community's anger is evident, seen in the attack on Bakang Masole, the man found driving Jakoba's taxi and the main suspect, and the subsequent riot. Residents express discontent, citing a troubling trend of missing persons cases often...

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