Mmegi

Grim realities behind Debswana’s birthday cheer

Impact: Debswana’s importance to the economy goes beyond budget revenues. The company is one of the largest supporters of social and environmental issues
Impact: Debswana’s importance to the economy goes beyond budget revenues. The company is one of the largest supporters of social and environmental issues

For years, Debswana’s board was reluctant to diversify into areas other than diamonds. This week, at its 57th birthday, the iconic company unveiled a new strategy aimed at rebuilding its core, but also officially embracing expansion to new non-diamond ventures. MBONGENI MGUNI writes

Debswana’s Ya Masa strategy, covering the years 2025 to 2029, officially marks the diamond giant’s first expansion in mandate since it was established 57 years ago.

Under the strategy, Debswana intends to rebuild its core diamond business, but also leverage the untapped commercial opportunities it has such as infrastructure, while also striking out into new ventures.

Editor's Comment
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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