Debswana sheds 700 jobs

The downsizing has translated into a 15% cut with the company's staff complement whittled down to 4,200 from 4,900. Dubbed Debswana 2013: High Performance Strategy," the scheme is the brainchild of Managing Director  Jim Gowans.

The parastatal - which is a partnership between the Botswana Government and De Beers - is implementing the strategy that will see an improvement in cost performance, maintenance practices, asset utilisation, overall productivity and safety.