The Debswana Citizen Economic Empowerment Programme (CEEP) stands as a groundbreaking endeavor, an initiative that has blossomed into a resounding success, breathing life into the job market and bolstering the local economy of Botswana. With its sights set on the ambitious goal of ushering in 20,000 jobs by the coming year, the program has already […]
The Debswana Citizen Economic Empowerment Programme (CEEP) is a pioneering initiative that has been successful in creating jobs and increasing local spend in Botswana. With a target of reaching 20,000 jobs by next year, the programme has already created 14,200 jobs and has spent P15.9 billion in the local market.
Debswana did not commit to absorb Majwe employees -Armstrong
Jwaneng Mine to go underground – Balopi
PHILLIMON MMESO
editors@thepatriot.co.bw
Debswana Diamond Company a joint venture between Botswana government and Anglo American’s De Beers is going into full swing to ensure that their new business strategy adopted last year is yielding desired results.
The Debswana Executive Management recently took the media through their strategy and how they have started to implement it. The strategy is anchored in restructuring of mines and improving efficiencies throughout the group’s operations.
First to take the cue was the General Manager for Jwaneng Diamond Mine Koolatotse Koolatotse who briefed the media about the transition of the Cut 9 expansion project from Majwe Mining Joint Venture (MMJV) to Debswana Diamond Company. Koolatotse revealed that the transition was successfully completed at the beginning of April and that the Cut 9 contract was a P12 billion waste stripping p
Diamond giant’s huge future plans
As part of its ambitious new strategy, and in keeping with the digital revolution, diamond giants, Debswana are set to embark on a money-spinning digitization journey.
According to Debswana’s Head of Transformation and Innovation, Thabo Balopi, adapting to technological ways of mining will ultimately deliver P10 billion value to shareholders.
ENCOURAGING TRANSFORMATION: Thabo Balopi
Speaking at a stakeholder engagement recently, Balopi was quick to reassure Debswana’s workers that the company’s digital drive would not be the end of them.
“Our key focus is how we are going to take people along as we embark on this journey,” he stated.
Debswana, the joint venture between the Botswana government and Anglo American’s De Beers unit, intends to invest US$6 billion to build the world’s largest underground diamond mine at Botswana’s Jwaneng. The mine is already considered the richest mine by value for the precious stones. The underground mine will have more than 360 km of tunnel development and is expected to hit full production by 2034, Debswana’s head of transformation and innovation, Thabo Balopi, said at a briefing in the capital, Gaborone, last Friday.