Chronicle Reporter
TENDY Three Investments (TTI), which operates in Bulawayo, has expanded its footprint into Botswana after securing a 10-year agreement to introduce a modern parking management system in the city of Francistown.
The agreement, entered into by TTI Botswana and City of Francistown Council’s investment arm, COFC Investment Company last week, is expected to bring technology-driven parking solutions to the Botswana city, marking its first move into paid on-street parking.
Under the arrangement, TTI will provide technical and operational expertise to support the introduction and management of the parking system, while the city will provide the parking infrastructure.
TTI Botswana managing director Mr Thato Moilwa said the project represented an important opportunity to apply the group’s experience in parking management and technology to a new market.
“The project aims to introduce a world-class parking management system to Francistown — marking the city’s first move into on-street paid parking. This is an exciting milestone for Botswana and an opportunity to apply proven parking-management expertise to support the city’s growth and development,” he said.
Mr Moilwa said the initiative was expected to improve parking availability, ease congestion, enhance road safety and support more efficient use of public space. The system is also expected to generate municipal revenue that could contribute towards service delivery and infrastructure development, while providing data to inform future transport and urban-planning decisions.
The company projects that the Francistown operation could create approximately 200 direct jobs and 100 indirect jobs, with local residents expected to account for at least 95 percent of employment.
“Whenever TTI enters a new area, it prioritises recruiting local residents to support employment creation and comply with applicable employment frameworks. The company benchmarks local employment to be not less than 95 percent,” Mr Moilwa said.
The anticipated direct jobs will be within the project’s operations, while indirect employment is expected to emerge through suppliers, contractors and other businesses supporting the parking system.
The project could also open opportunities for small businesses in Francistown, particularly suppliers of consumables, personal protective equipment and reflective work wear.
Mr Moilwa said the company intended to give local businesses fair opportunities to participate in the supply chain, provided they met its quality, pricing, safety and delivery requirements.
“Where practical and consistent with our procurement standards, we will seek to give local small businesses and suppliers fair opportunities to participate,” he said.
He added that project-related spending by employees, contractors and suppliers was also expected to stimulate business activity in the city.
The Francistown agreement followed a market-led proposal submitted by TTI Botswana to COFC Investment Company for a parking management solution. According to Mr Moilwa, the proposal underwent evaluation, validation and due diligence in line with the investment company’s established business onboarding and procurement procedures.
TTI is a diversified group with operations in Botswana, South Africa, Zambia and Zimbabwe. Its expertise includes parking management, parking technology and equipment, and automated enforcement systems.
