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S T E F A N U T T I S T O C K S B O T S W A N A
W W W . S T E F A N U T T I S T O C K S . C O M
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Building Southern Africa Stefanutti Stocks are always looking for new and exciting construction projects to work on Writer Matt Bone Project Manager Stuart Shirra
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tefanutti Stocks is one of South Africa’s leading construction groups, with over 12,000 employees and the capacity to deliver a range of projects of any scale to a multitude of clients in diverse markets. All South African operations are divisions of Stefanutti Stocks (Pty) Ltd, a Level Two B-BBEE contributor. The company have a Grade 9 rating from the South African Construction Industry Development Board (CIDB) provides us with unlimited tender capability. Despite a stagnant market and an industry that has been plagued by Governmental cutbacks and project shortages, Tim Stow, General Manager of Stefanutti Stocks, is confident the company will weather this storm and continue to offer the same world class market leading quality construction. “The industry as a whole has been affected by the Botswanan Government’s reluctance to put more work into the public domain, whether in the form of short to medium projects or long term tenders. There is very little private sector work going on and even when a tender does arise, there are so many companies going for it that realistically it is very difficult to win that project.” But there is a potential light at the end of the tunnel as Mr Stow goes on to explain: “Of course every industry has lean spells, but it is how you cope with the lack of work that defines you as a company. We have had to tighten our belts and this will have an effect on what project we tender for, but I believe that this spell will soon end. By June, I think we will see more tenders and more projects becoming available. This will be good news to not just us but also to the Botswanan economy as a whole.”
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maintaining Supplier Relationships
Suppliers play an integral part of any business and especially in construction, where suppliers are paramount. PPC Botswana and Stefanutti Stocks have been working together now for over 10 years and formed a strong working relationship that stands firm in both good times and lean ones. Solid strategic partners are required to turn PPC products into enduring landmarks. Stefanutti Stocks represents such a partnership and the relationship between the two entities is as strong as ever. Stefanutti Stocks has been involved in the construction of iconic buildings in Botswana, some of which include: otse Police College, SaDC building, maun Hospital and mascom’s head office. Both the Maun hospital and Mascom building were finalists for the PPC Botswana number 1 Builder competition; showcasing building excellence and long term vision. the two companies work closely together to deliver first rate end results and they are both strong advocates of innovation through partnerships. It is this level of commitment between a supplier and a construction company that helps markets that have been unsteady for the last year become stronger and more stable.
a Closer Eye on trends
where some companies look to diversify in work shortage periods, Stefanutti Stocks have decided against doing this. Stow thinks that by staying in their current markets, they will be able to keep a closer eye on potential trends emerging and then then be in an even stronger place to capitalise on them. “we will not look to diversify at the moment as I think things may well start to pick up again in the next 6-9 months and if we continue to keep chipping away at the market, we will surely strike first if something big does come along.”
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B O T S W A N A
HOISTING SOLUTIONS (PTY) LTD
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oisting Solutions (Pty) ltd was established in 2005 and started its operations in June 2011 as a crane hire company. the company was launched in December 2012 by the Honourable assistant minister of trade and Industry mr keletso Rakhudu. the company provides services in the mining, commercial and construction industries. Hoisting Solutions (Pty) ltd (HS) has changed the trend in the industry as the local company and introduced a choice for customers. HS puts emphasis on safety, delivery and reliability amongst other things and is a trend setter in quality of crane services. the company owns a fleet of wellkept cranes and well trained and experienced operators. It aims to be the company of first choice for crane hire and lifting solutions in the region. the work proudly done thus far amongst several other large scale projects includes erecting and dismantling tower cranes for Stefanutti Stocks in gaborone for the Fairscapes building. HS covers a wide spectrum of capacity with its fleet and can undertake various projects of different sizes.
Tel +267 3 922 911 Email cranes@hoistings.co.bw www.hoistings.co.bw
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Stefanutti Stocks are currently working on finishing a project for the Sere wind Farm in the western Cape. a consortium between Stefanutti Stocks Power business unit and power solutions manufacturer, Powertech, are undertaking the construction of a complete substation and a 132kV power line for the Sere wind Farm in the western Cape. the contract commenced back in June 2013. the wind farm, consisting of 50 turbines, is located approximately 300 kilometres north of Cape town, with the nearest towns being Lutzville and koekenaap. the 44km power line winds through very sensitive Namaqualand flower route. In order to preserve this sensitive area as well as defer the risk of heavy mixer trucks getting stuck on the sandy servitude, Stefanutti Stocks Power elected to pre-cast foundations for the guyed towers. Furthermore, the mostly sandy soil conditions enable efficient levelling and lining up of precast items. the contract completion target date is 21 may 2014 one of Botswana’s biggest industries is diamond mining and Stefanutti Stocks have been working alongside the various mining companies in recent years. the competition for lucrative diamond mining projects is very intense, with companies doing everything they can to undercut and beat the competition. Stow is acutely aware of this situation but believes that the companies tendering the project are looking for more than just the cheapest option: “I have seen several tenders won by companies who were not the cheapest, they were the ones who offered the best package all round. I think the mining companies are realising that the cheapest option is not always the best option. this gives me confidence that other industries will look to do the same thing and carefully look at all tenders before choosing.”
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B O T S W A N A
PPC LTD.
PPC’S STRENGTH BEYOND THE BAG
We will not look to diversify at the moment as I think things may well start to pick up again in the next 6-9 months”
PPC Cement is the leading supplier of cement in Southern africa, with cement manufacturing facilities and milling depots across South africa, Botswana, Zimbabwe and Rwanda. Its cement brands include the marketleading SureBuild brand in South africa, Botcem in Botswana and unicem in Zimbabwe. In addition to serving the Southern african markets, the company exports cement to other african countries. to retain the industry leadership position, PPC strategically partners with companies such as Stefanutti Stocks that help turn PPC products into enduring landmarks. Tel 390 1553
www.ppc.co.bw
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Proudly Botswana Consistent Quality products Technical Support Builders App Efficient deliveries and collections
We at PPC Cement believe in driving innovation and strategic partnerships PPC is grateful to our strategic partners for making proper use of PPC products in order to create buildings that last a lifetime. Together we can do it all. For more information call 390 1553 or visit www.ppc.co.bw
an Important Year ahead
the next 12 months will be very important for Stefanutti Stocks as they look to help push a struggling market forwards in the hope to see new tenders and projects emerge. “we will continue to work in Botswana alongside the various industries, but there are a lot of civil companies who are tendering against us but we have seen some good projects completed in the country, and we will always consider it to be a positive market for construction industry.” Tim Stow is confident that the current market slump seen in construction in Southern africa will soon change for the better and Stefanutti Stocks will be ready and waiting to undertake any and all projects they can. “we are always looking for new and exciting projects and tenders to work on. If you become too fussy about the projects you pick, you will end up losing business, if you take each one at face value and then make an informed decisions then you will have a greater variety of work to undertake,” mr Stow surmises.
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E n q u iries Tel (UK): +44 (0) 1603 559 151 Tel (SA): +27 (0) 21 527 0053 ben.weaver@outlookpublishing.com
S U B S C R I P T I ON S Tel (UK): +44 (0) 1603 559 152 matt.bone@outlookpublishing.com
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STEFANUTTI STOCKS Stefanutti Stocks Building Botswana (Pty) Ltd Plot 21307, Phalakane Gaborone Tel: +267 397 4773 Fax: +267 397 4769 Email: tim.stow@stefstocks.com
www.stefanuttistocks.com