Debswana cautiously optimistic in 2016
Friday, March 18, 2016
Briefing the business community on Wednesday, managing director Balisi Bonyongo said the ingestion in the diamond pipeline that crashed demand and prices leading to a 38 percent drop in earnings for the company last year, seems to be dwindling.
“Due to the challenging environment, we had to reduce production by 3 million carats from our target in 2015. Despite the sluggish demand, we did not cut our workforce as we redeployed the workers that were affected by the mothballing of the Damtshaa operation.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...