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Debswana First Division South
Debswana Diamond Company Limited, or simply Debswana, is a mining company located in Botswana, and is the world's leading producer of diamonds by value. Debswana operates four diamond mines in the eastern and central parts of Botswana, as well as a coal mine. Debswana is a joint venture between the government of Botswana and the South African diamond company De Beers; each party owns 50 percent of the company. Mines The mines Debswana owns and operates are: *Orapa diamond mine, opened in 1971 *Letlhakane diamond mine, opened in 1975 *Jwaneng diamond mine, opened in 1982 *Damtshaa diamond mine, opened in 2003 History Debswana was formed as the De Beers Botswana Mining Company on 23 June 1968, after De Beers geologists identified diamond-bearing deposits at Orapa in the 1960s. Over the next five years, the government of Botswana increased its ownership stake from an original 15 percent to 50 percent. On March 25, 1992, the name of the company was changed to Debswana Diamond Compa ...
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Limited Company
In a limited company, the Legal liability, liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also com ...
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Jwaneng Diamond Mine
The Jwaneng diamond mine is the richest diamond mine in the world, and also the second largest in the world. It is nicknamed "the Prince of Mines", and is located in south-central Botswana about southwest of the city of Gaborone. Jwaneng means "a place of gems", and the Jwaneng mine means "where a small stone is found" in Setswana. The mine is owned by Debswana, a joint venture between De Beers and the government of Botswana. It commenced operations in 1982. The mine owns and operates the local Jwaneng Mine Hospital, Acacia Primary School, and Jwaneng Airport. The mine maintains an ISO 14001 certificate for environmental compliance, being the first mine in Botswana to achieve this certification in 2000. History Discovery and early exploration In the early 1970s, extensive geological surveys by De Beers Exploration led to the identification of the Jwaneng deposit in February 1973, and after 9 years of evaluation and construction it became fully operational in 1982. ...
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Louis Goodwill Nchindo
Louis Goodwill Nchindo (1941–2010) was a Botswana businessman and political advisor, who rose to political prominence as managing director of Debswana, the Botswana diamond authority.The rise and fall of Nchindo
GIDEON NKALA & TSHIRELETSO MOTLOGELWA, Mmegi (Botswana). 12 February 2010.
He was found dead in a rural area on the morning of 8 February 2010, having died under unknown circumstances.Nchindo is dead,body discovered
GIDEON NKALA &TSHIRELETSO MOTLOGELWA. Mmegi Vol.27 No.23 , 12 February 2010.


Early life

Nchindo was born 30 November 1941 in

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Bushmen
The San peoples (also Saan), or Bushmen, are the members of any of the indigenous hunter-gatherer cultures of southern Africa, and the Indigenous peoples of Africa, oldest surviving cultures of the region. They are thought to have diverged from other humans 100,000 to 200,000 years ago. Their recent ancestral territories span Botswana, Namibia, Angola, Zambia, Zimbabwe, Lesotho, and South Africa. The San speak, or their ancestors spoke, languages of the Khoe languages, Khoe, Tuu languages, Tuu, and Kxʼa languages, Kxʼa language families, and can be defined as a people only in contrast to neighboring pastoralists such as the Khoekhoe and descendants of more recent waves of immigration such as the Bantu peoples, Bantu, Europeans, and Indian subcontinent, South Asians. In 2017, Botswana was home to approximately 63,500 San, making it the country with the highest proportion of San people at 2.8%. 71,201 San people were enumerated in Namibia in 2023, making it the country with th ...
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Survival International
Survival International is a human rights organisation formed in 1969, a London based charity that campaigns for the collective rights of Indigenous, tribal and uncontacted peoples. The organisation's campaigns generally focus on tribal peoples' desires to keep their ancestral lands. Survival International calls these peoples socially vulnerable, and aims to eradicate what it calls 'misconceptions' used to justify violations of human rights. It also aims to publicize harm caused to tribes by corporations and governments. Survival International states that it aims to help foster tribal people's self-determination. Survival International is in association with the United Nations Department of Global Communications and in consultative status with the UN Economic and Social Council. To ensure freedom of action, Survival accepts no government funding. It is a founding member and a signatory organization of the ''Accountability Charter'' ( INGO Accountability Charter). Survival ha ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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Export
An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an ''exporter''; the foreign buyer is an '' importer''. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights. Exportation of goods often requires the involvement of customs authorities. Firms For any firm, Global expansion strategies may include: * Franchising, * Turn Key Project, * Export, * Joint Venture, * Licensing, * Creating an owned subsidiary, * Acquisition, * Merger, etc. Exporting is mostly a strategy used by product based companies. Many manufacturing firms begin their global expansion as exporters and only later switch to another mode for serving a foreign market. Barriers There are four main types of expo ...
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Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ...
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Africa
Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surface area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With nearly billion people as of , it accounts for about of the world's human population. Demographics of Africa, Africa's population is the youngest among all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Based on 2024 projections, Africa's population will exceed 3.8 billion people by 2100. Africa is the least wealthy inhabited continent per capita and second-least wealthy by total wealth, ahead of Oceania. Scholars have attributed this to different factors including Geography of Africa, geography, Climate of Africa, climate, corruption, Scramble for Africa, colonialism, the Cold War, and neocolonialism. Despite this lo ...
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Credit Risk
Credit risk is the chance that a borrower does not repay a loan In finance, a loan is the tender of money by one party to another with an agreement to pay it back. The recipient, or borrower, incurs a debt and is usually required to pay interest for the use of the money. The document evidencing the deb ... or fulfill a loan obligation. For lenders the risk includes late or lost interest and principal payment, leading to disrupted cash flows and increased collection costs. The loss may be complete or partial. In an efficient market, higher levels of credit risk will be associated with higher borrowing costs. Because of this, measures of borrowing costs such as yield spreads can be used to infer credit risk levels based on assessments by market participants. Losses can arise in a number of circumstances, for example: * A consumer may fail to make a payment due on a mortgage loan, credit card, line of credit, or other loan. * A company is unable to repay asset- ...
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Per Capita Income
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. This allows the calculation of per capita income for both the country as a whole and specific regions or demographic groups. However, comparing per capita income across different countries is often difficult, since methodologies, definitions and data quality can vary greatly. Since the 1990s, the OECD has conducted regular surveys among its 38 member countries using a standardized methodology and set of questions. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living. When used to compare income levels of different countries, it is usually expressed using a commonly ...
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Mmegi
''Mmegi'' is an English-language national newspaper in Botswana Botswana, officially the Republic of Botswana, is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory part of the Kalahari Desert. It is bordered by South Africa to the sou ..., with occasional articles or comments in Setswana. Established in 1984, it is now published daily online and weekly in print format by Dikgang Publishing House in the capital, Gaborone. ''Mmegi'' used to be Botswana's only independent newspaper to be published daily. The newspaper's name means "the reporter" in Setswana and its strapline is "News we need to know daily". Until 1989, it was called ''Mmegi wa Dikgang/The Reporter''. See also * '' Azhizhi'' * '' The Voice Botswana'' * '' Botswana Guardian'' * '' The Botswana Gazette'' * Yarona FM References External links * English-language newspapers published in Botswana Newspapers published in Gaborone ...
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