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
Women's bodies are not a man's playground!

In most of these cases, all this violence is done in the name of love! Love is a beautiful thing and no one who claims to love another can ever wish harm on the object of their affection let alone inflict pain upon them.A few weeks ago, the nation was shaken following the gruesome murder of two little innocent souls by their father, who after that painful act committed suicide. One of the biggest challenges that we face as a nation is that we...

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