Sefalana Botswana Weathers Storm

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Sefalana Group’s Botswana says its profitability rose as seen in the halfyear results with consumer spending and confidence improving.

The division’s Sefalana Cash & Carry Limited contributed 55% and 23% to the Group’s revenue and profit before tax for the reporting period, the Group’s Finance Director Mohamed Osman announced on Friday.

The Sefalana Group’s revenue stood at P2.5 billion for the six months up to October 2018, up 13% on prior period and profit before tax rose by 25% on prior year to P103.6 million.

Editor's Comment
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...

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