Mmegi

Debswana extends CEEP to manufacturing

Moakufi PIC: PHATSIMO KAPENG
Moakufi PIC: PHATSIMO KAPENG

Debswana, Botswana’s leading diamond mining company, is setting its sights on expanding the manufacturing component of its Citizen Economic Empowerment Programme (CEEP), after identifying major procurement gaps in its supply chain.

This follows internal studies which revealed that many of the inputs used by the company’s mines are still being sourced from neighboring countries, particularly South Africa- pointing to untapped opportunities for local production.

Wanetsha Moakufi, Debswana’s Head of CEEP shared the development recently at a capital raising meeting organized by Botswana Stock Exchange (BSE) emphasizing that the company sees manufacturing as the next frontier in its efforts to drive inclusive and sustainable economic growth.

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More than P8.1 million has already been spent, yet there appears to be no lasting solution in sight. This is not simply a dispute between the DIS and a group of officers. It is a matter of public accountability. Every pula spent by government comes from taxpayers who expect public funds to be used wisely and responsibly, especially during economic hardships faced by many.The officers exercised their constitutional right to seek justice through...

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