Debswana focuses 55th anniversary on diamond impact
Tuesday, July 23, 2024 | 1360 Views |
Sharing value: Motsomi says Debswana's impact over the decades has gone far beyond unearthing diamonds in rich soils around the country.
Rather than a one day celebration, Debswana has chosen a three-month campaign for its 55th, which will be anchored on story-telling by employees and other stakeholders on how the diamond company has touched their lives.
The anniversary’s theme is “More than Diamond Mining,” which Minerals and Energy minister, Lefoko Moagi, said points to the transformational role Debswana has played in the development of modern Botswana, beyond mining activities.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...