Resurgent KBL expects more bumper profits

KBL's St Louis lager PIC. THALEFANG CHARLES
KBL's St Louis lager PIC. THALEFANG CHARLES

Sechaba Brewery Holdings Limited, which owns 60% of Kgalagadi Breweries Limited (KBL), has told investors to expect a 100% to 115% increase in the interim pretax profits due to be unveiled soon.

In a profit cautionary to the Botswana Stock Exchange (BSE) this week, Sechaba directors said the expected percentage increase amounts to between P40 million and P60 million in absolute terms.

The announcement marks the second time in as many financial reporting periods that Sechaba has issued positive profit cautionaries to its investors.

Editor's Comment
Parents should be more proactive in children’s lives

Parents need to pay particular attention to their children to ensure they grow up in a healthy environment that supports their development and mental health. Healthy attachments between parents and children foster strong bonds, creating a solid foundation for future leaders.In many African cultures, there is a common perception that parents should use a stick to discipline naughty children. While disciplining children is important, it is equally...

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