Engen profits grow despite weak commodity prices
Wednesday, April 05, 2017
Engen posted good results last year
The group recorded P269.6 million in the year 2016, an increase from P263.5 million from the previous year.
Commenting on the results, Engen Botswana managing director, Chimweta Monga said the increase in profit was due to the implementation of a much more efficient supply chain with a lower cost to serve and good margin management.
According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...