BOLUX GROUP a food production corporation in Taung, Ramotswa is planning to expand its factory by investing a total of P250 million over a period of 5 years.
This was revealed by Bolux Managing Director Christo Ellis early June during Minister of Investment, Trade and Industry Honourable Mmusi Kgafela’s visit.
Minister Kgafela had visited Bolux Group to appreciate the company’s production facilities.
Bolux Group has been operating in Botswana for the past 36 years and currently employs over 500 workers with 430 direct employees, 120 outsourced and 68 on contract.
Currently Bolux produces household food brands such as maxi bread, pasta king macaroni and spaghetti.
Christo Ellis says inthe next 5 years Bolux Group sees itself as a dynamic and much bigger industrial company that contributes meaningfully to the economy of Botswana.
He said as a non-mining entity, the company continues to play its part in the economic diversification and industrialization efforts of Botswana.
Ellis highlighted that there are opportunities for further production and beneficiation of wheat milling. “Most of Botswana’s annual wheat demand is imported as the country only produces up to 144000 tonnes of wheat,” he said.
The company intends to invest P250 million over the next 5 years , an investment that will ramp up production, increase demand for raw materials from Batswana farmers and create more specialized jobs inthe process.
Minister Kgafela said Bolux played a significant role in the country’s economy. He said Gorvernment would continue to engage with local manufacturing companies to grow the sector , create the much needed jobs and reduce the import bill.
The Minister was accompanied by Minister of Mineral Resources, Green Technology and Energy Security, who is also Member of Parliament for Ramotswa constituency, Honourable Lefoko Moagi and other senior government officials