Sechaba Brewery profits halve

National brewer, Sechaba Brewery Holdings Limited profits almost halved for the nine months ended December 31, 2016. Profit for the period was P96.3 million, a 43% decline from P171.1 million of the previous period.

Total volumes for the nine months period were 1,670,194 hectolitre from 1,699,166 hectolitre of the prior period, which is a 1.7% drop.

According to Sechaba, the decline in the financial performance was mainly attributable to the current challenging regulatory environment in which the company operates under.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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