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Chobe Holdings signals strong half-year

Chobe Holdings property
Chobe Holdings property

Chobe Holdings has issued a cautionary announcement on the local bourse, advising investors that its profit before tax for the half-year ended end of August 2025 is expected to rise sharply.

The Botswana Stock Exchange-listed local tourism and hospitality outfit said the gain will come in between 15 and 25% higher than the same period last year. In practical terms, the group says the improvement represents an additional P24 million to P40 million on top of the P163 million profit recorded in the prior base period. The directors’ notice means the ecotourism group is heading for yet another firm set of results at a time when the luxury safari market continues to stabilise and demand for high-value experiences remains strong. “The Group’s Profit Before Tax for the half-year ended 31 August 2025 is likely to be between 15 – 25% (approximately BWP 24.4 to 40.7 million) higher than that reported for the comparative period ended 31 August 2024 which amounted to a profit of BWP 162.9 million,” stated the cautionary. Chobe is expected to publish its unaudited consolidated half-year results by end of the month, offering a fuller breakdown of what has driven the uptick. Key metrics spurring growth are expected to be high occupancy rates, increased forward bookings and cost containment measures.

The Group’s trajectory is also supported by a series of expansion moves undertaken over the past year. Chobe has been renewing and strengthening key leases such as Xugana Island Lodge, while pursuing extensions for other flagship camps including Okuti. In parallel, the Group has been adding capacity across its properties, with new beds planned at King Lewanika camp. These expansions come on top of significant reinvestment in its operations under the Desert & Delta Safaris and Ker & Downey Botswana brands, which anchor its presence across the Okavango Delta, Moremi and Chobe regions. Tourism in Botswana has been recovering post the pandemic, with high-value safari travel recovering faster than mass-market segments due to bullish demand and resilient long-haul bookings and the global shift toward secluded, nature-based destinations.

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