Chobe profits soar on higher tourists arrivals

Tourists arrivals increased in the past year
Tourists arrivals increased in the past year

Chobe Holdings Limited has recorded a 14% increase in their profit after tax to P64 million compared to the P56 million that was recorded in the previous year, according to the group’s financial results for the year ended February 28, 2017.

The group attributed this to higher tourist arrivals as efforts by the Ministry of Environment, Natural Resources Conservation and Tourism, through Botswana Tourism Organisation (BTO) continues to internationally expose Botswana as a destination of choice.

“These efforts are anticipated to result in more tourists visiting our country in general and the group’s lodges in particular,” said the group’s CEO Jonathan Gibson.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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