the monitor

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
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

Have a Story? Send Us a tip
arrow up