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The Bulb World gets R20 million deal in SA

patriot by patriot
March 7, 2022
in Business
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The Bulb World gets R20 million deal in SA
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–  Company to supply 194 stores of  Power Build with lights

– Deal secured with support of USAID,  to begin 1 April 2022

The Chief Executive Officer (CEO) of The Bulb World Botswana, Ketshephaone Jacob announced that The Bulb World South Africa Operations landed a deal with support of the United States Agency for International Development ( USAID) that will earn them over R20 million per year to supply Power Build hardware stores  with the lights across  South Africa.

The company will start supplying Power Build on 1st of April 2022. Jacob noted that Power Build owns 194 hard stores in South Africa, hence  the big opportunity for the business.The Bulb World continues to grow exponentially since it’s embarked on expansion in SA market.Recently, the company announced that it secured a deal to list with Shoprite SA so to supply it’s 1300 stores with bulbs. The Shoprite will commences on the 1st of June 2022 according to CEO.

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  • TDR 1000 returns February 3, 2023
    The Dakar Rally, considered as one of the toughest in many years, is now something of the past and South African Rally-Raid competitors proved their talent while local race vehicle manufacturers and constructors showed their worth and returned from […]
  • Orange splashes P15.4m on FA CupFebruary 3, 2023
    NANCY RAMOKHUA editors@thepatriot.co.bw Orange Botswana through the Orange FA Cup has renewed its sponsorship with Botswana Football Association (BFA) for an additional three seasons valued at P5 138 000 00, an investment increase of 17%. The renewed collaboration will […]
  • Sefalana posts P4.9 billion revenueFebruary 2, 2023
    BAKANG TIRO editors@thepatriot.co.bw Diversified retail giant Sefalana has posted impressive set of results for the half year period ended 30 October, with the company recording P4.5 billion in total revenue. Botswana Stock Exchange (BSE) listed home grown retailer released […]
  • BSB lists P1 billion bondFebruary 2, 2023
    NANCY RAMOKHUA editors@thepatriot.co.bw Botswana Savings Bank (BSB) has listed a bond worth P1 billion with the Botswana Stock Exchange (BSE). The bond note programme will give BSB access to capital and provide alternative funding, reducing dependency on short- term […]
  • Botswana, OPEC seal P1.2 billion loan dealFebruary 2, 2023
    BAKANG TIRO editors@thepatriot.co.bw The Minister of Finance Peggy Serame is highly confident that the P1.2 billion loan that Botswana has secured from the Organisation of Petroleum Exporting Countries Fund for the International Development Fund (OPEC) will boost the country’s […]
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