BR eyes partnerships for turnaround

Wednesday, September 17, 2014

Loss making parastatal, Botswana Railways (BR) seeks to strike strategic partnership with key stakeholders as part of plans to turn around the organisation into a profit taking entity.

Speaking to Mmegi Business this week after signing the performance agreement contract with the Ministry of Transport and Communications in Gaborone, BR CEO, Dominic Ntwaagae, said they aim to increase their revenue streams through partnerships with other organisations such as Morupule Coal Mine to transport coal exports to South Africa.

“We want to grow our profits and these partnerships are the channels which will transform the profitability of Botswana Railways,” he said.

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BR eyes partnerships for turnaround

Loss making parastatal, Botswana Railways (BR) seeks to strike strategic partnership with key stakeholders as part of plans to turn around the organisation into a profit taking entity.