Debswana revenues reach P14bn in Q1

Monday, May 08, 2023 | 610 Views |

Rumbling on: Debswana’s mines have started the year at a brisk pace

Debswana Diamond Company sold P14 billion worth of rough diamonds in the first three months of the year, up 10% from the corresponding period last year, as the strong performance of the country’s primary economic commodity continued from its highs last year.

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Selefu

joey kambai | 7 h ago

World Athletics Championships coming to Africa

Calistus Kolantsho | 9 h ago

Man fatally burns in Selebi-Phikwe house fire

Pini Bothoko | 11 h ago

Man carrying baby dies whilst crossing Taung road

Pini Bothoko | 11 h ago

Young girl perishes in Ledumadumane collision

Pini Bothoko | 11 h ago

Driver dies in Gabane head-on collision

Pini Bothoko | 11 h ago

Young woman dies in Metsimotlhabe crash

Pini Bothoko | 11 h ago

Castle Lite, Let's Pacers team up to unlock Botswana

staff writer | 12 h ago

The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Mmegi Editor | 11 September 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Debswana revenues reach P14bn in Q1

Debswana Diamond Company sold P14 billion worth of rough diamonds in the first three months of the year, up 10% from the corresponding period last year, as the strong performance of the country’s primary economic commodity continued from its highs last year.

Explore

More

Selefu

World Athletics Championships coming to Africa

Man fatally burns in Selebi-Phikwe house fire

Man carrying baby dies whilst crossing Taung road

Young girl perishes in Ledumadumane collision

Driver dies in Gabane head-on collision

Young woman dies in Metsimotlhabe crash

Castle Lite, Let's Pacers team up to unlock Botswana

The Boko-led administration has to tread carefully