n IMIESA - Infrastructure development projects in Botswana : Africa
|Article Title||Infrastructure development projects in Botswana : Africa|
|© Publisher:||3S Media (Pty) Ltd|
|Publication Date||Jun 2006|
|Pages||15 - 17|
Extracted from text ... IMIESA JUNE 2006 - 15 AFRICA Infrastructure development in Botswana has, since around 2003, been difficult due to the devaluing of the Pula, which has led to budget cuts and a significant reduction in government capital expenditure. According to Vernon Joubert, director of Gibb, this has been accompanied by postponement and cancellation of a number of design and construction projects. "Although we have some significant projects on our books, working in Botswana is very challenging given the cyclical nature of the economy that is coming out of a two year downturn. This year is seeing some recovery, but pricing ..
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