Freight forwarders in
Botswana are optimistic
that the tide is finally turning
and that volumes will be
moving up rather than down as
has been the norm in the past
few years.
According to Lucas
Barreto, chairman of the
Botswana Freight Forwarders’
Association, while it is still
early days, volumes are already
on an upward trajectory.
“Government tenders are
picking up as the authorities
start investing in infrastructure
and as projects are finally
kicking off,” he told FTW. “The
economy has also picked up and
we are seeing growth – which is
good. The situation is definitely
improving.”
According to Barreto
government investment
has undoubtedly
played the biggest role to date
in the slight turnaround being
seen in the country.
“The investments they
are making in road, power
and water infrastructure is
boosting business and freight
is beginning to f low again.
We are hopeful and positive
that this trend will continue
and that we will see greater
volume increases in the coming
months.”
Economic tide turning in Bots
09 Nov 2016 - by Liesl Venter
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