Marole leaves Debswana in December

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After long periods of speculation and uncertainty, it looks like Debswana managing director Blackie Marole will now leave the mining giant on December 31. However, he is free to depart earlier once all his perks are paid.

Information reaching Mmegi from sources in government and De Beers, the two joint owners of Debswana, indicate that the parties have agreed on the terms of Marole's departure. It is believed that the deal is generally sealed and is only waiting to be rubber-stamped at a De Beers ordinary meeting to be held in London next week.

While both parties have been tight-lipped on the matter and cannot even confirm the deal, Mmegi understands that Marole will go away with a golden handshake of not less than P10 million. The Debswana chief recently started his second five-year term.

Editor's Comment
Stop the children killing madness!

The incident comes on the heels of a similar one where a father murdered his two toddlers in Francistown. As we grapple with the shock and sorrow of this loss, it is essential to address the underlying issues that led to such a horrific outcome.Our hearts go out to the innocent victims, the three boys aged 13, 10, and eight who lost their lives in circumstances that defy comprehension. Their deep cuts and untimely demise have left a scar on the...

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