Sefalana Holdings completes turnaround

Having shaken the dust off from its legal problems a few years ago, local holding group, Sefalana, its rejuvenated subsidiaries and new retail chain, are fast cornering the market across a diversified range of investments.

Sefalana holds exclusive or part equity in Sefcash, Foods Botswana, MF Holdings, Kgalagadi Soap Industries, Commercial Motors and a range of other interests in industries such as timber, mechanised farming, travel and tourism and property.

In 2006 - after a three year battle -Sefalana won an acrimonious court tussle to cut ties with its partner in Metsef, Metro, following disagreements over the efficient and profitable management of the joint venture. Sefalana, led by its Group Managing Director, Chandra Chauhan, was convinced they could do a better job of steering Metsef to profitability, if the management contract was taken away from Metro, a South African group.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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