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DEBSWANA

Debswana is the largest private sector e​​mployer in Botswana, with more than 4,000 employees and 5,000 contractors.

Debswana

De Beers and the Government established Debswana, then the De Beers Botswana Mining Company, as a joint venture in 1969. The Government held 15 per cent of the company, increasing its shareholding to 50 per cent in 1975. The name of the company became Debswana in 1992.

Debswana operates four open-pit mines in Botswana – Orapa, Damtshaa and Letlhakane, all operated as part of the Orapa Mine complex, and Jwaneng, the world’s richest mine by value.

It is the largest private sector e​​mployer in Botswana, with more than 4,000 staff and more than 5,000 fixed-term contractors plus a small team at the Debswana Corporate Centre in Gaborone, Botswana’s capital.

Debswana also has two subsidiaries – Morupule Coal Mine near Papapye in Eastern Botswana and Sesiro Insurance Company, a short-term insurance company formed in June 2000 to issue insurance policies protecting Debswana's assets.

The four mines have contributed significantly to the economic growth of Botswana, as well as producing revenues responsible for making the country independent in means as well as name.

Botswana timeline

Take a look at this timeline chart to see when Debswana was formed and other developments in De Beers in Botswana.