Copper production expected to kick-start growth

SDV Botswana has just completed major renovations to its warehouse, extending it to 1500 sqm. And while the upgrade was only completed in October, the space has already been filled to nearcapacity. According to John Masterten- Smith, general manager of SDV Botswana, two newly signed contracts have had a major impact on the business. He said while volumes had not been as high as expected they were definitely up on the same time last year. “There are some projects under way in the country that will see volumes increase. A big concern though is that there is just not enough work for everyone at present as business has been hard-hit by the global economic meltdown and now there is talk of yet another recession on the way.” Masterten-Smith said the logistics industry in Botswana was currently proving to be a competitive environment due to this. “It is not easy at present and people are pulling out all the stops to remain competitive and in the game.” He said the outlook for 2012 was more positive though with volumes expected to increase as copper mines were taking off in the country along with several other major construction projects.