Part 2: KPCSC wants Russia to help end impasse on new definition of conflict diamonds

In the first installment of this two-part exclusive interview with Shamiso Mtisi, the coordinator of the Kimberley Process Civil Society Coalition (KPCSC), we focused on illegal diamond mining in the continent and where the contraband ends up...

Today

Part 1: KPCSC gives insight into illegal diamond mining, trading in Africa

Although the diamond watchdog Kimberley Process (KP) prides itself for significantly reducing the flow of conflict goods since its establishment in 2003, the Kimberley Process Civil Society Coalition (KPCSC) alleged that illegal diamond...

18 october 2021

The jewelry industry in Russia needs to be upgraded in a serious way

Dina Nasyrova is a vice-president of the International Jewelry Exhibition-Congress J-1 recently hosted by the Atrium of Gostiny Dvor in Moscow. As a partner and the Muse of the famous jeweler Ilgiz Fazulzyanov, she actively participated in the preparation...

11 october 2021

Smiling Rocks, a philanthropic business model, inspires companies to work for betterment of the world

Zulu Ghevriya, the CEO and Co-Founder of Smiling Rocks, Founder of Vedantti Jewellery and Managing Director of Prism Group has been in the diamond and jewellery industry for over 20 years. Zulu started his business, Prism Group, as a natural diamond...

04 october 2021

Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

27 september 2021

Debswana launches 2024 strategy in response to challenging business environment

17 march 2020

Debswana, a 50/50 joint venture between De Beers and the Botswana government, has launched its 2024 strategy, which is as a bold response to the current challenging business landscape.
Debswana acting managing director Lynette Armstrong was quoted as saying that the company’s vision was, among other things, to transform and transition through bold technology-led innovation, inspired collaborative and passionate purpose-driven people. 

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Image credit: Debswana


“We are seeing exponential technology developments, where the world is changing rapidly, therefore our organisational structure, our set up…must be fast, agile, and creative as this complex world changes,” she said.
“Our profit margins are under pressure from increasing operating costs as well as critical large scale mine-life extension projects.
“We are therefore entering a new horizon of complexity. This gives us all an opportunity to create a new Debswana.”
The strategy, dubbed “Debswana 2024, one dream, one team” was launched to over 5,500 staff complement across the three company sites, namely Debswana Corporate Centre (DCC), Orapa, Jwaneng as well as Letlhakane and Damtshaa Mines (OLDM). 
The 2024 five strategic pillars include safety, environment and communities; people transformation; data and technical innovation; Debswana tomorrow (projects) and efficiency and productivity improvement.
Debswana’s production decreased by 7% to 5.9 million carats in the fourth quarter of 2019 as output at Orapa fell due to a delay in an infrastructure project coupled with expected lower grades.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished