Oil and gas supports growth

The past few months have
been a tumultuous period
for the local logistics industry
- especially in view of the everincreasing
fuel prices and the
weaker rand/dollar exchange
rate, says Manica Group MD
Hans-Werner Timke.
“Changes in the volumes of
some shipping liners have also
impacted on the revenue and
operations of the local logistics
industry. On the positive side,
Manica has been fortunate
in securing a foothold in the
budding oil and gas exploration
industry.
“Similarly we are also exploring
more extensive bunkering
services as part of our portfolio
expansion drive. Organic growth
remains one of our top priorities,
especially as it means we can
provide more job opportunities
and on-the-job training to the
local community,” Timke said.
We are focusing on expansion
in Kitwe, Chingola and Solwezi.