BotswanaPost narrows losses

Friday, November 24, 2017

BotswanaPost continues to produce below par financial performance but managed to trim their losses to P12.9 million in the year ended March 31, 2017 financial results, compared to a P27.5 million losses in previous year.

The Post attributed this to difficult economic conditions for the country as well as the general decline in traditional mail volumes.

Presenting their financial results recently, BotswanaPost chief executive officer (CEO), Cornelius Ramatlhakwane said they recorded a year-on-year revenue growth of 6.8% and revenues climbed to P457.7 million, the highest in history of the organisation.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

(L-R). Kagiso Molatlhwa. Olebile Machete and Morena Monganja addressing the media on constitutional amendment PIC: KENNEDY RAMOKONE

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 2d ago

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 2d ago

IEC rejects 2,513 registrations

Innocent Selatlhwa | 2d ago

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 2d ago

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 2d ago

Serowe man 'loses' P1m in trading

Pini Bothoko | 2d ago

MultiChoice appoints Johnson Otlaadisa to the role of Production Supervisor for Mzansi Bioskop Local Film Project

Staff Writer | 2d ago

Grieving individuals urged to seek support

Boikanyo Mathonsi | 2d ago

Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

BotswanaPost narrows losses

BotswanaPost continues to produce below par financial performance but managed to trim their losses to P12.9 million in the year ended March 31, 2017 financial results, compared to a P27.5 million losses in previous year.