Debswana to cap output at 26m carats

Debswana will not dig up more than 26 million carats in the short to medium term as the company looks to continue matching production to demand.

Addressing the media in Gaborone yesterday, the company’s managing director Balisi Bonyongo said the company plans to produce between 23-26 million carats in the near future.

“It is better to keep the goods in the ground than to just produce when the market fundamentals do not support it,” he said.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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