Journeying towards sustainable partnerships

Botswana Railways has successfully procured 34 new wagons from China, augmenting the existing old fleet servicing Botswana Ash ( BOTASH). This is a critical milestone for this partnership as the new wagons are expected to improve operational efficiencies and performance of the two entities. Moreover, the wagons will mitigate transportation challenges and therefore facilitate and support the overall trade growth in the rewd is proud to have played the critical role of financial advisor by assisting Botswana Railways with delivering part of their five year strategy.

We are delighted to be part of this momentous occasion where we are witnessing and launching a critical project and milestone. There is no doubt in our minds that partnerships such as the BOTASH and Botswana Railways are what our country needs to transform the economy. As Absa Bank Botswana Limited, we recognize the strategic role that Botswana Railways plays in the economy and we are happy to partner with them to ensure that they achieve their goal of augmenting their fleet servicing BOTASH,” said Lesley Bradley, Corporate Banking Director, Absa Bank Botswana.

The launch of the wagons was officiated by the Minister of Transport and Communications, Honourable Thulagano Segokgo, who recognized the tripartite relationship between Absa Bank Botswana Limited, Botswana Railways and BOTASH. “I wish to congratulate Botswana Railways, BOTASH and Absa on their partnership. As the Government of Botswana, we recognise the value of such partnerships and their unique position in promoting both regional and international trade,” Honourable Minister Segokgo concluded. Absa Bank Botswana remains committed to finding purposeful and innovative solutions that bring possibilities to life. The Bank is steadfast in partnering with and supporting the Government of Botswana in delivering its mandate of economic transformation.