PPC profit falls 25%, admits to cartel activity
Thursday, November 12, 2009
PPC had recorded a R1.5-billion net profit in the 2008 financial year, but warned, in October, that a finance charge related to a broad-based black economic empowerment deal would impact on its earnings.
The group's revenues increased by 8 percent to R6.8-billion in the year ended September 30, 2009, compared with R6,2-billion the year before.
This call is both timely and crucial, as it reflects a growing need for unity and collaboration amongst media bodies to address pressing issues facing the nation.The theme of this year’s Press Freedom Day, “A Press for the Planet: Journalism in the Face of the Environmental Crisis,” resonates deeply with Batswana, particularly in light of the ongoing human and wildlife conflict. Botswana’s rich wildlife population is not only a national...