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Our Subsidiaries

​​​​​​​​​Our Investments

Debswana – mining diamonds​, enriching the nation. Debswana is the world’s leading diamond producer by value, and the second largest diamond producer by volume.

We work knowing that we are integral to the social fabric of Botswana, and that our success contributes to that of Botswana. ​​​​​​As a major industrial player and contributor to the Botswana economy, Debswana subscribes to the philosophy that its entrepreneurial success should be underpinned by social and economic responsibility. The Company aspires to play an active role in the long term economic growth of the country.​​

Morupule Coal Mine (MCM) is a 100% Debswana subsidiary located about 14 km west of Palapye in Eastern Botswana along the main Palapye/Serowe road.

MCM started production in 1973 as an Anglo American Corporation subsidiary with the main objective being to supply coal to the then Bamangwato Concessions Limited Mine (now BCL) and BPC power station situated in Selebi Phikwe. In 2000 Debswana acquired MCM has since grown both in stature and production to be a dominant influence in the coal mining sector in the country.

Morupule Coal Mine Morupule Coal Mine: The mine transports coal to the adjacent Power Station via conveyour belt.

It is estimated that MCM has reserves of approximately 2.91bn tonnes within the Morupule Main Seam (No. 1 seam) and the Number 2 seam and total inferred inventory coal resources are estimated to be 12bn tonnes for all seams within the total mining lease area. The deepest is the Morupule Main, and most consistently developed and is also currently the only seam being exploited.

MCM values the safety of its employees and for this reason we have positioned safety as our number one core value. We have instigated numerous management and employee safety related programs and initiatives aimed at positive behavioural change resulting in comparably low industry injury frequency rates. MCM currently holds the Botswana Chamber of Mines’ lowest Total Recordable Injury Frequency Rate trophy for 2013 and has retained it for the year 2014. In addition, MCM is ISO 14001 and OHSAS 18001 certified.

In 2007 MCM commissioned a coal washing plant and subsequently now supplies washed coal in addition to thermal coal. The Grade “A” washed coal is sold both locally and into the SADC region where it is consumed by other coal fired power stations, various industrial users and is an alternative to coking coal in metallurgical processes due to its low sulphur and phosphorous content. Exports into regional markets continue to grow and this gives rise to economic growth, employment opportunities and benefits for the surrounding community in which MCM operates.

Botswana Power Corporation (BPC) remains MCM’s main customer, with 80% of current production contracted to the Morupule A (132 MW generating capacity) and Morupule B (600 MW generation capacity) power stations. Although Morupule A power station is under care and maintenance, its contractual quota is in the meantime supplied to Morupule B power station by MCM.

The MCM Resource Development Plan (RDP) was commissioned at the beginning of 2014 and its first phase is due for completion by first quarter of 2015. The brownfields IPP project is one of those outlined in the RDP and is already undergoing feasibility studies with intent to move into construction in early 2017.

This short term insurance company was formed in June 2000 to issue insurance policies protecting Debswana's assets, business interruptions, liabilities, securities and aviation risks.

As a licensed short term insurance company in Botswana, Sesiro Insurance Company (Pty) Ltd enables secure and cost efficient access to the domestic and international insurance markets for Debswana's risks. Identifying and providing facilities for the management of risks outside the scope of that available in the insurance market, for example retention of part of the deductibles, is also part of the service provided by Sesiro to Debswana's subsidiaries.