Retail anchors steady Sefalana results
Friday, August 01, 2014
Figures unveiled by group MD, Chandra Chauhan yesterday, indicated that the 40-year-old firm’s pretax profits had more than doubled in three years, while revenues were up 25 percent over the same period.
Sefalana’s wholly or partly owned divisions include consumer goods – a portfolio consisting of 28 wholesale stores and 16 Shoppers’ retail shops – Commercial Motors, Mechanised Farming, a manufacturing wing comprising Foods Botswana and Kgalagadi Soap Industries as well as a property portfolio locally and in Zambia.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...