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Debswana confirms 500 voluntary exits

Friday, February 07, 2025 | 2750 Views |

Mining giant, Debswana approved approximately 500 requests for voluntary separation from a December 2024 exercise, with “significant interest” being noted amongst employees, Mmegi has established.

The diamond group, whose activities are the backbone of the country’s economy, has been battling a prolonged global downturn in demand for the precious stones. The slump, dating back to the third quarter of 2023, has placed operational pressures on Debswana, while reducing government’s revenues.

Mmegi is informed that the voluntary separations were initiated as part of efforts to restructure the group and enhance operational efficiencies. Employees were asked to express their interest in the scheme in December.

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Debswana confirms 500 voluntary exits

Mining giant, Debswana approved approximately 500 requests for voluntary separation from a December 2024 exercise, with “significant interest” being noted amongst employees, Mmegi has established.

Boko hunts for new deals in old ties

To De Beers or not to De Beers Part 2: An investment analyst perspective

The talented Mr DGB

World’s biggest eco-region could get even bigger

We need to get to grips with online gambling

How the house always wins Batswana’s disposable incomes

Namibia throws hat into De Beers ring

Creatives welcome P200m fund but.....

GCC should fix the Gabs water flow mess