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Sefalana profits hit fresh records

Friday, January 31, 2025 | 630 Views |

Sefalana Group has recorded a profit before tax of P219 million for the 26-week results period ended October 27, 2024, despite facing margin pressures, supply chain disruption, and rising raw material costs.

The profits mark a seven percent increase from the P204.8 million recorded over the same period last year.

According to results released this week, Botswana contributed the most at 67%, followed by Namibia at 27%, Lesotho at five percent, and Zambia at only one percent. Manufacturing output from South Africa remained below optimal levels whilst rising raw material costs continued to exert pressure on margins, during the reporting period.

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Sefalana

The ongoing salary negotiations between trade unions and the Directorate of Public Service Management (DPSM) have escalated to the Industrial Court, with the five-plus-one unions filing an urgent application in which they accuse the government of unfair labour practices.

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