Hostile operating environment undermines Sechaba profitability
Monday, July 06, 2015
![KBL MD Johan de Kok](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2015/july/06/php399.tmp.jpg&w=400&q=72&f=jpg&t=1)
KBL MD Johan de Kok
Announcing the 2015 full-year results on Friday, Kgalagadi Breweries Limited (KBL) Managing Director, Johan De Kok said for the first time the alcohol levy is now higher than the official excise cost as it stood at P183.3 million as at December 2014.
De Kok also indicated that another increase in the levy is anticipated during the current financial year and that consultation and engagement with government is on-going.
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...