Namibian business boosts Sefalana

Chauhan
Chauhan

Sefalana Group says its Namibian operations boosted turnover and profit before interest for the year ended April 30, 2015.

According to the group’s audited financial results for that period, the Namibian business made a significant contribution of over P800 million to the group’s turnover and P26 million to profit before tax.

This represented 23 percent of the group’s turnover and 14 percent of group profits.

Editor's Comment
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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