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
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

Have a Story? Send Us a tip
arrow up