Retail anchors steady Sefalana results

Figures unveiled by group MD, Chandra Chauhan yesterday, indicated that the 40-year-old firm’s pretax profits had more than doubled in three years, while revenues were up 25 percent over the same period.

Sefalana’s wholly or partly owned divisions include consumer goods – a portfolio consisting of 28 wholesale stores and 16 Shoppers’ retail shops – Commercial Motors, Mechanised Farming, a manufacturing wing comprising Foods Botswana and Kgalagadi Soap Industries as well as a property portfolio locally and in Zambia.