Cresta posts lukewarm results

The Cresta Mahalapye was opened in 2013
The Cresta Mahalapye was opened in 2013

Cresta Marakenelo Limited achieved an operating profit of P31.4 million for the year-ended December 2013. This reflects an operating margin of 11%, same as in 2012.

The group states the static margin shows a continuing downward pressure on room rates and the general inflationary environment, especially in Botswana.

According to Statistics Botswana, overall annual inflation rate decreased between February 2013 and February 2014 due to stable prices of commodities, especially the major components such as transport and food and non-alcoholic beverages.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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