Connect with us

Business

Sefalana plans to bring back Delta Fresh milk

Published

on

Sefalana Holdings Group plans to relaunch Delta Fresh milk and other dairy products by the end of year.

The dairy plant which was purchased July last year started production in December and is currently supplying A Star brand of milk to Sefalana stores. Presenting the results on Friday, Sefalana Group Managing Director Chandra Chauhan said Delta Dairies would be a fully-fledged beverage division later this year. “We intend to relaunch the Delta Fresh range of products later in the year. We are excited about bringing this brand back in the market, this will include full cream and low fat variant of products,” he said.

He said they want to create a multi distribution centre at the Delta Dairies Milk plant as it is a big plant. “The Delta Dairies property in Broadhurst allows us to carry out the necessary developments to the site to enable us to move the fruit juice plant to this site from Ramotswa along with any additional beverages line that we introduce,” said Chauhan.

Sefalana Group Finance Director, Mohamed Osman said they are expecting to be awarded a tender by the government to supply the milk to primary schools.“We are hopeful that we will be successful at this tender as we have prepared ourselves to supply this contract in full if awarded to us,” said Osman. He said the government demands 100 million cartons of milk per year and the plant is fully capacitated to produce that within three months.

However, the establishment of the plant has resulted in the re-employment of Delta Dairies staff who previously were unemployed as a result of liquidation. “As the business grows we look to further increase employment in the area and this will be largely driven by the increased manufacturing activity required for the supply of the government contract,” he said.

Continue Reading
Comments

Business

OLOPENG HEAPS PRAISE ON BSE FINANCE CHALLENGE

Published

on

Minister Thapelo Olopeng

Botswana Stock Exchange’s annual finance and investment competition for secondary school students has been applauded by the Minister of Tertiary Education, Research, Science and Technology, Thapelo Olopeng.

The initiative, a capital market awareness tool that has been running for the past seven years, is increasing financial literacy and a culture of investment among young people. The initiative will see the country raise future billionaires through the stock markets. “It is a breath of fresh air to have tertiary students who are financially literate, who can manage their finances,” said the minister.

He urged students to invest even the smallest allowances they earn and have a hassle-free life after university. “Investing on the stock exchange is not only preserved for the rich, but for anyone with a bank account,” said Olopeng.

The minister said the secondary schools finance and investment competition is participation of the private sector in bridging the knowledge divide.Olopeng said the private sector participation augments his ministry’s efforts of providing and building knowledge and innovation through the development and implementation of the policy on tertiary education, research, science and technology to transform the economy from a resource based to a knowledge based.

“In this connection, we will continue to empower our students in order for them to lead better and successful lives which can propel them into the innovation ecosystem,” said Olopeng. BSE Chief Executive Officer, Thapelo Tsheole said the Senior Secondary Schools Finance and Investment Competition, first established in 2013 aims to sensitise and educate the student community about capital markets, with the strategic aim to increase financial literacy and promote a culture of investing at a young age.

The competition is open to all senior secondary schools across the country, including private and public senior secondary schools.

Continue Reading

Business

WE ARE NOT USING DIAMONDS TO KILL ELEPHANTS, THAT’S HOGWASH! – BOTSWANA MINISTER

The MidweekSun Admin

Published

on

Orapa Mine, part of Debswana

Botswana is not using diamonds to kill elephants as alleged by some conservationists after the southern African country announced plans to lift a ban on elephant hunting to address growing conflict between humans and wildlife, a government official has said.

Minister of mineral resources, Green technology and energy security Eric Molale told a mining conference in Gaborone on Monday that the activists were tarnishing the image of Botswana. “That’s hogwash because we as Botswana are [good] conservationists and it is us who worked hard to make sure these elephants [are] brought to the numbers that we do have now,” he said.

“When conflicts arise, it is through consultation, [that we] find out how we can best manage our resources. The people have spoken and we are going to be managing the elephants in the best way that we can.

“We are not culling, we have re-introduced the trophy hunting and if you take 400 elephants per annum for trophy hunting against the 3-5% annual growth rate of the elephant herd that we have…[we are] just barely scratching on the surface.”

Botswana has about 130 000 elephants, the world’s largest population.Molale said Botswana will remain focused on things that are beneficial to the country and will not be distracted by issues spread by people that are not even privy to how things are done in the country.

“We have, however, invited them to come and learn more about what we are doing so they can better understand those important aspects of flora and fauna…”The conflict between humans and elephants had gone up since the ban was introduced in 2014.

Tourism is the second source of foreign income in Botswana after diamonds and conservationists fear that the former will be affected is the government cull elephant.
[Rough and Polished]

Continue Reading

Trending