Cresta posts lukewarm results
Wednesday, April 02, 2014
![The Cresta Mahalapye was opened in 2013](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2014/april/02/phpF76D.tmp.jpg&w=400&q=72&f=jpg&t=1)
The Cresta Mahalapye was opened in 2013
The group states the static margin shows a continuing downward pressure on room rates and the general inflationary environment, especially in Botswana.
According to Statistics Botswana, overall annual inflation rate decreased between February 2013 and February 2014 due to stable prices of commodities, especially the major components such as transport and food and non-alcoholic beverages.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...