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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 justice, not politics determine Salakae’s fate

“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...

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