Established from humble beginnings less than two years ago, Precision Vehicle and Asset Tracking (Pty) Ltd has already made its mark in a territory dominated by large international players.
Buoyed by this encouraging start, Founder and Managing Director, Motlhaleemang Moalosi has big plans for his blossoming business
The driven director has set his company a five-year time frame, by which time he hopes to have won control of half the tracking market in Botswana.
Precision started operating in February 2017 in a cramped office in Francistown but recently relocated to the capital, establishing a base in Phase 2.
“We are tracking close to 1, 000 cars in less than two years. We have realised phenomenal growth because we found a niche in the market,” stated Moalosi, who stoically mentions they did not receive any funding to start the business and established it through savings.
The ambitious entrepreneur believes Precision’s competitive edge lies in the pricing of their products, which he says are much lower than their competitors.