Debswana revenues reach P14bn in Q1
Monday, May 08, 2023 | 600 Views |
![Rumbling on: Debswana’s mines have started the year at a brisk pace](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2023/05/08/72841.jpg&w=800&q=72&f=jpg&t=1)
Rumbling on: Debswana’s mines have started the year at a brisk pace
The country’s main economic actor sold P56.6 billion in 2022, an all-time high and a boost for budget revenues which have suffered deficits that pre-date the pandemic.
Debswana sells 75% of its production through the De Beers’ ecosystem and the balance, 25%, is allocated for purchase by the Okavango Diamond Company, the state-owned diamond trader.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...