Debswana power bill swells by P83 million

source: Mmegi
MBONGENI MGUNI
Staff Writer

The recent increase in electricity tariffs and the introduction of the electrical installation levy is expected to increase power costs of Debswana Mining Company by P83 million in 2010.

In a brief to employees last week, managing director of the diamond giant, Blackie Marole said the across the board and conditional increments would result in a total aggregated increase of 55.5 percent on the company’s electricity bill. “Using 2008 figures as a baseline, this represents over P83 million per year increase in 2010,” Marole noted.

As a result of the cost analysis, Debswana has embarked on [continue reading]

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