Kazungula Bridge to open business opportunities

Sefalana Group Managing Director Chandra Chauhan giving overview of Sefalana PIC: LEBOGANG MOSIKARE
Sefalana Group Managing Director Chandra Chauhan giving overview of Sefalana PIC: LEBOGANG MOSIKARE

KAZUNGULA: The construction of the $161 million Kazungula Bridge linking Botswana and Zambia is expected to bring business opportunities to Botswana.

Speaking during the grand opening of Sefalana Shopper at Kazungula over the weekend, Sefalana Group managing director Chandra Chauhan said that he was optimistic that the bridge would bring more customers from Zambia. 

“The bridge will also attract more customers from Zimbabwe who will buy goods and services from this mall.  All our managers are Batswana. Sefalana first opened its first store in 1974. The Botswana Public Officers Fund is the largest shareholder in Sefalana.  Other shareholders are Debswana and Motor Vehicle Accident Fund.  We recently made profit in excess of P250 million. Batswana hold 93% of our shares. We spent over P10 million to open this store,” Chauhan said. 

Editor's Comment
Botswana deserves ideal political leaders

This remains to be seen, particularly as opposite unity has been seeing its ups and downs. In 2012, three opposition parties namely the Botswana National Front (BNF), the Botswana Movement for Democracy (BMD), and the Botswana National Front (BNF) formed a political alliance under the Umbrella for Democratic Change (UDC). The Botswana Congress Party (BCP) would, after rebuffs, join the coalition in 2017.The promise made by the coalition to its...

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