Mmegi

Debswana plans for life beyond diamonds

Making plans: Koolatotse
Making plans: Koolatotse

Diamond giant, Debswana, has drawn up a plan incorporating various business activities to be scaled up for when diamonds eventually peter out at the world-famous mines.

According to a presentation made this week at the Botswana Mining Show, the plan, referred to as 'The Thrive Opportunities', involves activities such as solar power generation, biofuel generation, data monetisation, local manufacturing, small-scale mining, repair and maintenance, sustainable eco-tourism and others.

New Debswana Chief Operations Officer, Koolatotse Koolatotse, said the diamond giant’s board had approved a ratio in which 30% of spending was for the future growth projects and the balance for the core, ongoing business.

Editor's Comment
Mob justice isn't just

A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...

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