Debswana saves P1bn through cost-cutting

Friday, April 28, 2017

Debswana managed to save up to P1 billion in 2016 through a range of measures to improve efficiencies and cut costs. The company looked to navigate a difficult period of slow consumer demand and indigestion in the diamond pipeline hence the need to act.

Under its high performance promise strategy the company, which saw its earnings drop 37% in 2015, last year effected a range of measures to improve operational efficiencies while it also concentrated production on its high value and low cost assets.

Briefing stakeholders in Gaborone this week, managing director, Balisi Bonyongo said in a bid to cut costs they are managing to improve tyre lifespan, fuel consumption and improve productivity.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Air travel has been frozen in the Middle East since Saturday

About 300 Batswana trapped in Middle East crisis

Mbongeni Mguni | 1d ago

Ministry declares war on low productivity

Spira Tlhankane | 20 h ago

Going back to church: Re entering the Amen Economy

Thulaganyo Jankey | 1d ago

Private investor injects P4m into UB hotel revival

Staff Writer | 1d ago

Southern chicken necks

Michelle Phetlhe | 1d ago

Senior Prisons officer faces drug, abuse of office charges

Larona Makhaiza | 1d ago

Pantsula Power: A call to action against social Ills

Nnasaretha Kgamanyane | 1d ago

TAFIC activate survival mode with crucial Chiefs stalemate

Kabelo Boranabi | 1d ago

Cameras watching: Drive safely or pay the price

A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...

The Monitor Editor | 03 March 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.

Explore

More