Saturday, July 4, 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
    CUCSA GAMES 2026 BOOST MOMENTUM AS SPONSORS BACK GABORONE SHOWCASE

    CUCSA GAMES 2026 BOOST MOMENTUM AS SPONSORS BACK GABORONE SHOWCASE

    Karate Giants prepare for Southern Africa’s biggest showdown

    Karate Giants prepare for Southern Africa’s biggest showdown

    When politics overshadows football: The ugly side of the beautiful game

    When politics overshadows football: The ugly side of the beautiful game

    Why Bona Life Is Backing Botswana’s Football Heritage

    Why Bona Life Is Backing Botswana’s Football Heritage

    Mmolawa sets new expectations as Chiefs enter crucial season

    Mmolawa sets new expectations as Chiefs enter crucial season

    GU rules the night at league awards

    GU rules the night at league awards

  • Subscribe
No Result
View All Result
  • Home
  • News
  • Economy
  • E-Edition
  • Companies & Markets
  • In Business With
  • Lifestyle
    • Motoring
  • Sports
    CUCSA GAMES 2026 BOOST MOMENTUM AS SPONSORS BACK GABORONE SHOWCASE

    CUCSA GAMES 2026 BOOST MOMENTUM AS SPONSORS BACK GABORONE SHOWCASE

    Karate Giants prepare for Southern Africa’s biggest showdown

    Karate Giants prepare for Southern Africa’s biggest showdown

    When politics overshadows football: The ugly side of the beautiful game

    When politics overshadows football: The ugly side of the beautiful game

    Why Bona Life Is Backing Botswana’s Football Heritage

    Why Bona Life Is Backing Botswana’s Football Heritage

    Mmolawa sets new expectations as Chiefs enter crucial season

    Mmolawa sets new expectations as Chiefs enter crucial season

    GU rules the night at league awards

    GU rules the night at league awards

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

Debswana propelled Botswana’s income status

mm by Staff Writer
February 9, 2023
in News
Reading Time: 2 mins read
0
Debswana propelled Botswana’s income status
Share on FacebookShare on Twitter
By partnering with the right internal and external individuals while listening to Botswana and understanding where its government wants to drive to, Debswana says the country has shown elements of impact on its communities and people. This was said by Tefo Molosiwa, former Debswana Diamond Company’s Head of Safety and Sustainable Development. He was participating in a panel at the ongoing Mining Indaba under the topic “Qualification and Quantification of ESG (Environment, Social, Governance) risk and Uncertainty Across the Mining Life”.
“If you look at the way the government of Botswana has invested those funds into health, education, and environment, it shows what the partnership can do,” Molosiwa said noting that ESG is about systems you establish. Before the agreement between Botswana and De Beers in 1966, Botswana was ranked the third poorest country but has grown to become an upper middle income country currently after signing in 1969. Molosiwa said Debswana’s requirement and expectation in terms of what they need to deliver for stakeholders is very clear in its building together program as it talks about sustainability. As an example, Molosiwa noted the principles of hydrogen that Anglo American (the mother company to De Beers) is taking forward. “It is very clear where we are going to use that in our next mines (for example Orapa Cut 3). It is also clear that from a national perspective, there is a great desire to develop a hydrogen strategy and talk to how the strategy moves into other parts of the economy.”
Molosiwa also said what has been important for Debswana is the system for mechanism of implementation. “It is critical to have your visioning. It is critical to be clear about the objectives and KPIs. But if you don’t have any mechanism of implementation, that’s where the fuzziness begins.” He said Debswana has an operating model system that helps them take those KPIs, cascade them into the organization, and ensure that those KPIs are integrated into all the functions of the company.
“We are looking to do the same thing with our strategic intent but at a national level. So understanding the national intent but building that accountability so that we can be accountable at a national level,” he said adding that this is similar to what Debswana has done from an energy requirement perspective. Debswana has done the same through its carbon neutrality strategy by collaborating with government of Botswana and other key stakeholders.
Tags: De BeersDebswanaTefo Molosiwa

Navigation

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

Recent News

  • BOTSWANA EYES BIGGER ROLE IN BENEFICIATING LESOTHO DIAMONDS
  • July 3rd Edition
  • Inflation Surge Not Primarily Driven by Weak Pula, says BoB
  • LISTED PROPERTY SECTOR SPLITS AS INTEREST RATES, VALUATIONS PRESSURE EARNINGS
  • GCIC MOVES TO CLOSE YEARS OF OUTDOOR ADVERTISING REVENUE LEAKAGES

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.
Not enough quota to unlock this post
Unlock left : 0
Are you sure want to cancel subscription?