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Debswana eyes four-year production high

New broom: Motsomi joined Debswana as managing director in May PIC: MORERI SEJAKGOMO
New broom: Motsomi joined Debswana as managing director in May PIC: MORERI SEJAKGOMO

Diamond giant, Debswana, expects to produce 23.6 million carats this year, the highest since 2018, despite a P1 billion increase in operating costs and headwinds in the global economy.

Last year, Debswana’s local mines produced 22.3 million carats which at the time represented the highest level since 2019, helped along by a rebound in the global economy from COVID-19 and resurgent demand for the precious stones.

By the end of July this year, Debswana’s production for the year stood at 13.8 million carats, slightly below the target level, while sales at 16.2 million carats were above target and the main contributor to the confidence for higher output by year end.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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