Over 250 job cuts as Ghaghoo mine closes

Operations at Ghaghoo Mine have stopped with immediate effect
Operations at Ghaghoo Mine have stopped with immediate effect

Over 250 workers will have their contracts terminated at Ghaghoo Mine after Gem Diamonds yesterday decided to put the mine under care and maintenance due to depressed diamond prices.

Gem Diamonds Botswana managing director, Haile Mphusu told BusinessWeek that the prices of the smaller commercial goods mined at Ghaghoo have come under pressure rendering production unprofitable.

The mine employs 298 workers including contractors and according to Mphusu all but between 30 and 40 workers will have their contracts terminated.  

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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