Chobe signals stronger profits as tourism boom continues
Tuesday, May 19, 2026 | 0 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.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...