Mmegi

God’s gift that keeps on giving

History made: First president, Sir Seretse Khama, De Beers chairman, Harry Oppenheimer and De Beers Resident Director, Louis Nchindo at the opening ceremony of Orapa Mine in 1970 PIC: NATIONAL ARCHIVES & RECORDS
History made: First president, Sir Seretse Khama, De Beers chairman, Harry Oppenheimer and De Beers Resident Director, Louis Nchindo at the opening ceremony of Orapa Mine in 1970 PIC: NATIONAL ARCHIVES & RECORDS

Emboldened by having survived and thrived through decades of booms and busts, Debswana is riding out the market slowdown. The country’s most important economic actor is also celebrating 55 years of impact this year, writes MBONGENI MGUNI

Carried from the Earth’s core over thousands of kilometres by geological processes, the fact that three of these small shiny stones were spotted in Motloutse River in 1959 is a miracle.

An even bigger miracle, however, is that after a journey over millions of years, the discovery was made at a time when value could be assigned to the stones. Had they arrived a 1,000 years earlier, diamonds would likely have gone unspotted or if they had been seen, they would been disregarded.

Editor's Comment
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

Have a Story? Send Us a tip
arrow up