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Chobe signals stronger profits as tourism boom continues

Ker and Downey Botswana. PIC TRIPADVISOR
Ker and Downey Botswana. PIC TRIPADVISOR

Botswana Stock Exchange-listed tourism giant Chobe Holdings Limited has warned shareholders to expect a sharp rise in profitability for the financial year ended February 2026, signalling continued strong recovery in the country’s high-end tourism sector.

In a cautionary announcement published on the Botswana Stock Exchange this week, the safari and hospitality group said its profit before tax is expected to increase by between 17% and 27% compared to the previous financial year.

The projected jump translates to an additional P33 million to P52 million above the P194.3 million profit before tax reported in the comparative period ended February 2025.

Editor's Comment
Appeal to public transport operators to exercise caution

Those who occasionally use highways like the A1 and A3 roads will bear testimony to have experienced this firsthand as they have been overtaken by overspeeding buses. Sadly, some of the passengers are the ones who urge some bus drivers to overspeed.The result of this madness is the horrific accident that claimed lives of nine people on Sunday evening near Lechana settlement along the A1 Highway.It is reported that the incident occurred after the...

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