Furnmart bemoans harsh operating environment
Wednesday, May 06, 2015
During the six months to January 31, 2015, the group’s debtors’ books reflected the deteriorating credit climate in the region that resulted in subdued profitability.
This was attributed to higher impairment provisions and lower income yields earned from the debtors’ books. Revenue for the half-year period amounted to P655 million, an increase of nine percent from P600 million last year.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...