Debswana
| Debswana | |
|---|---|
| legal form | |
| founding | June 23, 1968 |
| Seat | Gaborone , Botswana |
| Website | www.debswana.com (English) |
Debswana is the world's largest diamond producer in terms of value and is based in Gaborone , Botswana . Debswana is a joint venture between Botswana and the Anglo-American subsidiary De Beers . Both parties each hold 50% of the company. Debswana operates four of the five Botswana diamond mines and one hard coal mine .
Economic importance
The export of diamonds has contributed significantly to the fact that the country, which was granted independence in 1966 and was then one of the poorest in the world, has been able to make significant economic progress to this day. Unlike in other African countries, the Botswana government has succeeded in massively profiting from diamond exports through taxes, royalties and dividends and in financing up to 50% of the state budget through them. Botswana, like Norway, is a model country of how long-term benefits can be from the exploitation of raw materials.
Mines
- Diamonds:
- Orapa , opened in 1971
- Letlhakane , opened in 1975
- Jwaneng , opened in 1982
- Damtshaa, opened in 2003
- Hard coal:
- Morupule (near Palapye ), opened in 2003, plays a central role in the country's energy supply
Individual evidence
- ^ Benjamin Dürr: Raw material boom in Botswana: Diamonds for the poor. In: Spiegel Online . June 2, 2013, accessed January 22, 2017 .
- ↑ Official website , accessed on February 13, 2016.