BSB posts historic profits as loan book swells
Friday, December 06, 2024 | 740 Views |
On the up:
BSB’s pretax profits
were up by more
than 1,700%
PIC: MORERI SEJAKGOMO
The profits were more than 1,700% above the P3.7 million recorded by BSB in the half year ended September 2023.
In a commentary accompanying results which were posted to the Botswana Stock Exchange (BSE) this week, directors attributed the profit spike to a revised sales strategy coupled with a revision of its loan book.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...