Mmegi

Rail revenues reach P65m in Q1

Chugging along: Botswana Railways' revenues are being buoyed by its goods service
Chugging along: Botswana Railways' revenues are being buoyed by its goods service

Volumes and values of railed goods were up in the first quarter of the year, reaching 268,247 tonnes and P65.01 million respectively, figures from Statistics Botswana show.

The numbers compare to volumes of 251,781 tonnes and P62.3 million in the fourth quarter of last year. The improvement bodes well for Botswana Railways, the national rail carrier which has struggled to break even or move into surplus for several years. According to Statistics Botswana figures, out of the 268,247 net tonnes of goods transported in the first quarter, 77.5% comprised total imports plus Botswana-origin traffic.

Total exports made up 27.5% of the total while transit traffic and total Imports constituted 22.5% and 20.1% respectively.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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