Mmegi

Debswana’s P20bn CEEP faces fronting challenges

Speaking out: Motsomi PIC: DE BEERS GROUP
Speaking out: Motsomi PIC: DE BEERS GROUP

FRANCISTOWN: Debswana managing director, Andrew Motsomi, has raised concern about some local firms that are not fully utilising the company’s Citizen Economic Empowerment Programme (CEEP) and have instead resorted to fronting.

CEEP was established in 2019 to reinforce Debswana's 'Building Forever Strategy'. Through the strategy, the mine has sought to procure more of its goods and services from citizen producers and suppliers, while developing supplier development programmes to empower them.

Through the programme, Debswana had set a goal to empower businesses with a value of P20 billion and create 20,000 jobs by 2024. As of April this year, the initiative had reached P19.5 billion in citizen spend, achieving 97% of the target, and had created 16,989 jobs.

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