Debswana Diamond Company

De Beers logo
De Beers
September 4, 2016
Gécamines SA logo
Gécamines SA
September 1, 2016

Debswana Diamond Company

  • Year Founded: 1969
  • Key Founding Organisations: De Beers and the Government of the Republic of Botswana
  • Key Executives: Carter Nkatla Morupisi, Chairman of the Board, Permanent Secretary to the President and Secretary to Cabinet; Bruce Cleaver, Deputy Board Chairman, CEO De Beers; Balisi Mohumi Bonyongo, Managing Director, Debswana
  • Mined Resources: Diamonds, coal
  • Operational Regions: Botswana

The Government of the Republic of Botswana and Delibes Holdings Limited (part of the De Beers Group) own equal portions of Debswana. Each party has appointed six nominees to the Board of Directors. The Managing Director is also a board member.

Debswana is the world's leading producer of diamonds by value, and operates four diamond mines in Botswana, as well as a coal mine. It controls all diamond mining in the country, where there are no private diamond mining operations. It is the largest non-governmental employer in the country.

Company Mission and Vision

Debswana’s values can be summed up in the following statements: “Be passionate”; “Pull together”; “Build trust”; “Show we care”; “Shape the future”.

The company states that its purpose is: “To turn diamond dreams into lasting reality.” Its vision is to be a global benchmark diamond business.

Sustainability is a key component of Debswana’s business strategy. It sees its business as being about improving its own performance whilst keeping the needs of the stakeholders in mind. It is committed to operating in a responsible and sustainable manner.

The company places great value in the development, wellness, and safety of its employees, and is committed to ensuring that the impact of its operations is beneficial to associated communities. It employs full-time counsellors and a psychologist as part of an integrated employee wellness programme, and community relations are managed through community engagement, consultation, and support.

In 2001, Debswana became the first company in the world to offer free Anti-Retroviral Therapy to any infected employee and their spouse. Today, the HIV/AIDS programme gives employees, their legally married spouses, and up to three children under the age of 21 a 100% subsidy for the cost of Anti-Retroviral Therapy (ART), prophylactic and opportunistic infections treatment, and related monitoring tests.

The Company’s Corporate Social Investment (CSI) Programme has caused it to be regarded as the leading corporate citizen in Botswana, because of the consequent socio-economic transformation of the country’s various communities since implementation. Debswana has built and currently runs two primary schools in the Jwaneng and Orapa mining communities, with subsidised tuition fees for the children of miners. It also runs an apprenticeship program from its Jwaneng, Orapa, and Morupule Mines.

Fully funded mine hospitals provide medical services to miners and act as district hospitals for surrounding communities. Debswana's responsibility towards Botswana extends to future generations. As such, business is conducted so as to minimise environmental impact. Its strategic focus includes environmental indicators and data as well as biodiversity action plans. Its Environmental Management System has achieved ISO 14001 certification.

Debswana takes an active interest in conservation, and has created two viable game parks in the area surrounding Jwaneng and Orapa. The company acknowledges its responsibility to the environment, and actively promotes a culture of environmental responsibility and commitment towards sustainable development in Botswana.