Chobe Holdings increases tourism footprint

Botswana Stock Exchange-listed group Chobe Holdings Limited has further increased its footprint in the tourism sector by its recent acquisition of Ker and Downey Botswana and The Bookings Company.

In a statement on Tuesday, the Group said subsequent to a shareholders meeting on April 10, the two companies are now wholly owned subsidiaries of Chobe Holdings Limited.

The 20 857 092 ordinary shares issued in satisfaction of the respective purchase considerations were listed on the BSE, the statement said.     Chobe Holdings offers luxury tourist accommodation in a total of eight lodges situated in the Chobe National Park, in the Okavango Delta, and in Namibia. The Group also operates tourist transfers to its own lodges and third party sites using its own fleet of aircraft and its property near Maun Airport as an operational base.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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