Debswana output jumps on market recovery
Friday, July 21, 2017
Debswana MD Balisi Bonyongo
Output figures provided by parent company, Anglo American yesterday show that Debswana production increased by 14% to 5.9 million carats when compared to the same period in 2016.
“Orapa’s production increased by 44% driven by the ramp-up of Plant 1, which was previously on partial care and maintenance in response to trading conditions in late 2015. This was marginally offset by Jwaneng where production decreased by three percent,” Anglo said. Anglo owns 85% of De Beers, which is a joint equal partner in Debswana with government.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...