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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
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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