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
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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