On the 8th of January 2026, Acting CEO of Debswana Mr Koolatotse Koolatotse along side his executive team graced the Jwaneng mine Executive, Union and Staff with a New Year check -in and engagement.
The visit shared encouraging developments, offered reassurance on business continuity, and underscored a steady recovery ahead. As the company stands Debswana has been on a mission to manage costs, there have been many strategies working together to de-risk the business on the backdrop of a subdued demand for diamonds. Just to name one, the Future Fit exercise project had a laser focused vision, to ensure that the slowed demand for diamonds is aligned to the reduction in the labour force, through initiatives such as voluntary separation and operational structure re-design.
The acting CEO further highlighted attributes of the new beyond 2024 strategy which is currently at Survival Mode. Through the guidance of the board, this phase has unlocked new opportunities, focusing seventy percent of our energy on core business being mining and re-align the remaining thirty percent towards adjacent and disruptive businesses. This new direction will offer sustainable revenue streams for Debswana and reduce the national overreliance on diamond revenues.
He closed off by mentioning that as we diversify Debswana Diamond Company, we should do so with renewed energy, clearer purpose, and confidence in our collective ability to succeed. There are new opportunities ahead; if we pull together, put safety first we will continue to learn, grow, and shape our future.
