ODC revenues pass $1bn; De Beers, gov’t wrangle
Friday, February 17, 2023 | 780 Views |
The revenues in 2022 were an all-time high for the ODC, the 11-year old wholly government-owned company that is entitled to purchase up to 25% of Debswana’s output. ODC was borne out of the 2011 negotiations between government and De Beers for a new sales deal, which saw the state successfully securing an agreement to establish its own diamond trading platform independent of the De Beers sales ecosystem.
The revenue performance in 2022 came off the sale of six million carats, ODC managing director, Mmetla Masire told BusinessWeek.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...