Debswana’s CEEP nears 20,000 job creation target
Friday, June 14, 2024 | 660 Views |
Mogakolodi Maoketsa. PIC CHAKALISA DUBE
Debswana Orapa Letlhakane and Damtshaa Mines (OLDM) general manager, Mogakolodi Maoketsa, revealed this on Tuesday during the launch of a Small, Medium and Micro Enterprises (SMME) grant in Orapa. The grant, delivered under a Memorandum of Understanding (MoU) between Debswana and Stanbic Bank Botswana, aims to support start-ups and existing small businesses within Debswana’s OLDM and Jwaneng Mine’s zones of influence.
CEEP was established in 2019 to reinforce Debswana's ‘Building Forever Strategy’. Through the strategy, the mine aims to foster a positive and enduring impact that extends far beyond the lifespan of diamonds.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...