Sefalana Botswana Weathers Storm

No Image

Sefalana Group’s Botswana says its profitability rose as seen in the halfyear results with consumer spending and confidence improving.

The division’s Sefalana Cash & Carry Limited contributed 55% and 23% to the Group’s revenue and profit before tax for the reporting period, the Group’s Finance Director Mohamed Osman announced on Friday.

The Sefalana Group’s revenue stood at P2.5 billion for the six months up to October 2018, up 13% on prior period and profit before tax rose by 25% on prior year to P103.6 million.

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

Have a Story? Send Us a tip
arrow up