Chobe signals stronger profits as tourism boom continues
Tuesday, May 19, 2026 | 100 Views |
Ker and Downey Botswana. PIC TRIPADVISOR
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.
“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...