Botash target doubling earnings to P300m :: Mmegi Online

SuA pan: Botswana Ash (Botash) said it intends to double its earnings to P300 million by 2018. According to the company’s Managing Director, Montwedi Mphathi the company intends to penetrate the African market as well as protect its current markets, especially South Africa where it exports about 20, 000 tonnes of synthetic salt per annum.

Botash, which is a 50 percent joint partnership between government and a South African company Chlor Alkali Holdings (CAH) group, currently produces about 300, 000 tonnes of Soda Ash per annum and about 530, 000 tonnes of salt per annum. “We want to grow our presence in the sub-Saharan Africa by developing customer base for soda ash and salt as the production of the salt is limited by the lack of market and transportation,” he said, during a media tour of the company yesterday

Currently, Botash exports about 42 percent of its salt to South Africa, followed by Zambia at 24 percent, Zimbabwe with 16 percent, Malawi with seven percent, DRC with two percent while four percent is used in the country as cattle feed.

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