While the significance of diamonds in Botswana’s development is well known, this is the first study undertaken to quantify the economic value generated by the Partnership in Botswana in any one year.
First, this section analyses the Partnership’s impact on Botswana’s economy in 2014. The Partnership contributes to GDP and employment both directly and through its supply chain and employee spending. The section then describes DBGSS’s move to Gaborone in 2013 and its share of the Partnership’s total contribution to GDP and employment. It also shows the Partnership’s contribution to Government revenue through taxes, royalties and dividends.
Secondly, this section describes how the Partnership aims to continue contributing to Botswana’s economy in the future by supporting local suppliers through its local procurement programme; building skills within Botswana by investing in training and development programmes; and continuing to invest in capital projects. The results indicate that the Partnership is a large contributor to the Botswana economy, making a significant contribution to employment, taxes and the creation of economic value.
De Beers Global Sightholder Sales reception, Gaborone