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Recession plan doesn’t include job cuts – Debswana

Holding steady: Debswana says jobs are not on the line this year PIC: MORERI SEJAKGOMO
Holding steady: Debswana says jobs are not on the line this year PIC: MORERI SEJAKGOMO

Debswana says the plan it has drafted to survive a possible recession this year does not include laying off workers, BusinessWeek has learnt.

The diamond giant last week announced that it was developing plans against a possible slowdown or recession in global economic activity, which would impact on the demand for the precious stones.

“The high-level plan currently has no bearing on manpower, given that the voluntary separation programme was concluded at the end of 2022,” Debswana officials said on Monday in a response to BusinessWeek enquiries.

Editor's Comment
Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

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