Wednesday, March 25, 2026
  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition
  • Login
  • Register
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Golden Grand Prix sets stage for historic relays

    Golden Grand Prix sets stage for historic relays

    Botswana’s Titans invited to compete in European softball cup

    Botswana’s Titans invited to compete in European softball cup

    Vunani Fund Managers praised for boosting women’s sports in Botswana

    Vunani Fund Managers praised for boosting women’s sports in Botswana

    Township Rollers bet on renewal as rescue plans take shape

    Township Rollers bet on renewal as rescue plans take shape

    Modutlwa charts inclusive future for Botswana Bowls

    Modutlwa charts inclusive future for Botswana Bowls

    Botswana ready to serve Africa’s biggest badminton stage

    Botswana ready to serve Africa’s biggest badminton stage

  • Subscribe
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    Golden Grand Prix sets stage for historic relays

    Golden Grand Prix sets stage for historic relays

    Botswana’s Titans invited to compete in European softball cup

    Botswana’s Titans invited to compete in European softball cup

    Vunani Fund Managers praised for boosting women’s sports in Botswana

    Vunani Fund Managers praised for boosting women’s sports in Botswana

    Township Rollers bet on renewal as rescue plans take shape

    Township Rollers bet on renewal as rescue plans take shape

    Modutlwa charts inclusive future for Botswana Bowls

    Modutlwa charts inclusive future for Botswana Bowls

    Botswana ready to serve Africa’s biggest badminton stage

    Botswana ready to serve Africa’s biggest badminton stage

  • Subscribe
No Result
View All Result
The Business Weekly & Review
No Result
View All Result
Home News

Debswana faces unpredictable global market 

As the global economy makes a rebound following a difficult period of the COVID-19 pandemic, Debswana, also experienced an exceptional production year with a favourable revenue outturn. However, the business has run into fresh challenges posed by the global hyperinflation environment. Staff Writer KABELO ADAMSON reports

mm by Kabelo Adamson
September 8, 2022
in News
Reading Time: 1 min read
0
Debswana faces unpredictable global market 

GABORONE 7 September 2022, Debswana managing director Andrew Maatla Motsomi during the Debswana business seminar in Gaborone on 7 September 2022. BIUST Vice Chancellor Prof. Otlogetswe Totolo delivers the keynote speech during the seminar. (Pic: Monirul Bhuiyan/PRESS PHOTO)

Share on FacebookShare on Twitter

The Managing Director of Debswana Diamond Company, Andrew Motsomi, says while the past year was an exceptional one for the diamond miner and producer, new challenges have emerged.

He was speaking at the company’s business seminar in Gaborone this week following his appointment in May this year as substantive Debswana MD, a position that he will hold for the next five years.

“Our business is such that our mines are very intense in terms of consumption of fuel,” said Motsomi as he began his presentation. “Trucks that haul the ore consume a lot of fuel. The tires for these trucks are now costing more than they did last year.” Motsomi noted that Debswana operates within an unpredictable global diamond market which is primarily impacted by global conflicts and market volatility. “Therefore, it is necessary to protect as well as preserve our communities and the environment,” he said.

“

This content is locked

This Is Premium Content. Subscribe or Login To Unlock The Content!

Remember Me
Lost your password?
Don't have an account? Register

Tags: Andrew MotsomiDebswana Diamond Company

Navigation

  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

Recent News

  • March 20th Edition
  • Debswana spends P4 billion on citizen-owned businesses
  • Botswana’s Next Era of Business Excellence Will Be Driven by Culture
  • IDEAL Summit 2026 Seeks African Projects for Investment Pipeline
  • When Fifth Avenue dimmed: Botswana’s diamonds, a bankrupt retailer and the risks of selling downstream

Site

  • About
  • Advertise
  • Privacy Policy
  • Cookie Policy
  • Contact
  • Subscribe
  • E-edition

© 2021 The Business Weekly & Review. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
  • Subscribe

© 2021 The Business Weekly & Review. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?