STEFA NUT T I STO C KS B OT S WA N A
Targeting a sustainable business presence nationwide www.stefanuttistocks.com
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Industry Excellence from
CONSTRUCTION EXPERTS Via an extensive localisation strategy, Stefanutti Stocks Botswana strives to grow its presence as the preferred construction partner of choice in the country Writer: Emily Jarvis • Project Manager: Stuart Parker
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s one of Botswana’s leading construction contractors, Stefanutti Stocks Botswana has built a substantial portfolio of public and private projects in the country, contributing to not only local infrastructures, but Botswana’s GDP via its extensive localisation staffing plan; with hopes to achieve 99 percent local staff capacity. Currently undertaking a completion contract for Sir Seretse Khama International Airport (SSKIA), Gaborone, and Kasane Airport, Kasane, the construction giant continues to look towards the government to secure further large scale projects that will further enhance the country’s infrastructure. “Backed by our years of experience, Group reputation and quality of work, we are waiting in the wings to take on new projects,” says Tim Stow, General Manager of Stefanutti Stocks Botswana.
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SSKIA, Gaborone Airport Project Seven month completion contract BWP145 million Completion date: 15th May, 2015
FBKE, Kasane Airport Project Airport popular with tourists travelling to Victoria Falls BWP280 million Completion date: September 2016
Economic climate
With China rising to contention for the tendering of construction projects in Botswana, the industry grows more price-competitive for companies like Stefanutti Stocks, and Stow hopes it will emerge above the others as a truly African company: “Government spending in our sector is currently very low due to economic conditions beyond our control, this is affecting everyone in the industry at the moment and business is sporadic. “As a result of our wider Stefanutti Stocks Group presence, we hope to rise above the parapet as we draw on our South African resources and expertise. If we have a major contract in Botswana for example, we are able to source the initial project managers from South Africa if needs be.” However, according to some analysts, Botswana’s GDP is forecast to grow up to five percent in 2015, driven by a potential recovery in diamond production, the economy is expected to experience a “ripple effect” which will be filtered through government expenditure in other key areas including the construction industry. In order to stand the best chance of standing out from the competition as the climate improves, Stefanutti Stocks has a localisation strategy that will sustain the reputation of the Botswana division going forward. “At present, we have an 80 percent local staff contingent, with the rest comprising expats from across our other African operations. Ultimately though, we strive to be fully local as this is a vital part of our localisation strategy, which is a long-term goal for the company,” says Stow. Not only is having the right staff, delivering a project on time and on budget all key factors in construction success, but building those all important, long-lasting relationships
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with key business partners also plays a crucial role in maintaining a leading Tim Stow, General Manager market position as a contractor as Stow further explains: “When Some 32 years ago, Stow qualified as a doing business in a tough economic civil engineer and worked his way up the environment, solid strategic partners ranks to his position as General Manager are required to demonstrate our at Stefanutti Stocks Botswana in October capabilities. 2012. Since then, he has overseen large “For example, PPC Cement Botswana scale construction projects in the country, is a major supplier of ours and we have applying decades of experience to the worked together for more than 10 years job at hand. through thick and thin.” The duo is a strong advocate of quality and is responsible for the begun exploring the possibility of becoming a general contractor for civil construction of first-class, high quality builds with timely delivery. works including pipelines, structural engineering and so on,” he says. Diversifying Moreover, the Group has vast In terms of future opportunities, Stow amounts of experience working in South Africa’s mining and roads & says Stefanutti Stocks Botswana may have to look further afield to keep the earthworks sectors, which it may look to capitalise on in Botswana as part business pouring in. “Botswana is one of our of a long-term strategy that promises longstanding markets and it is Stefanutti Stocks a future where the possibilities are touted to continue important for us as a Group to remain here. Consequently, we have growing.
Concourse view to international arrivals and departures, Kasane International Airport
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BUILDERS WAREHOUSE
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uilders Warehouse aims to offer you the largest range of building materials and building related products all under one roof. We cater to contractors, DIY enthusiasts and home owners alike, so whether you’re building it, decorating it, fixing it, painting it, planting it or simply just wanting it – you’re sure to find the solution at Builders Warehouse. Gaborone Airport Junction Shopping Centre, Plot No. 70665, A1 Road T 00267 393 0533 Francistown Plot Number 31247, Mowana Park, Somerset West Industrial, Along A1 Road T 00267 242 5200
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Get to Builders Warehouse.
Get it done! Our range of products include:
• Bathroom • Braai • Building • Décor
• DIY • Electrical • Flooring
• Handtools • Paint • Garden/Pool
SPEAK TO US ABOUT A TRADE ACCOUNT! BUILDERS WAREHOUSE BOTSWANA: GABORONE: Airport Junction Shopping Centre, Plot No. 70665, A1 Road, Tel: 00267 393 0533 FRANCISTOWN: Plot Number 31247, Mowana Park, Somerset West Industrial, Along A1 Road, Tel: 00267 242 5200
MONDAY TO FRIDAY: 7AM - 6PM; SATURDAY: 7AM - 4PM; SUNDAY AND PUBLIC HOLIDAYS: 8AM - 2PM
PPC Cement Supports Local Now That’s Strength Beyond The Bag PPC Cement is the leading supplier of cement in Southern Africa. PPC endeavours to bring out the best in cement products by employing the latest cutting-edge technologies whilst upholding the highest international best practice and standards. The PPC approach is to strategically partner with companies such as Stefanutti Stocks, to promote local sustainable economic development. This is one of the many ways in which PPC as a responsible citizen company supports the Nation's Economic Diversification Drive (EDD). PPC will continue to strive towards sustainable development in all the markets in which we operate, supporting local companies and empowering local citizens. PPC Botswana Cement is ISO 9001, 14001 and 50197-1 certified.
For more information
call 390 1553 International departures hall, Kasane International Airport
visit www.ppc.co.bw
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STEFANUTTI STOCKS BUILDING BOTSWANA (PTY) LTD Plot 21307, Phalakane, Gaborone, Botswana Tel: +267 397 4773 Fax: +267 71 378 268 tim.stow@stefstocks.com
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