Sefalana’s Namibian operations shine

When presenting the financial results for the period ended October 29, 2023, Sefalana Group Finance Director, Mohamed Osman said this was largely contributed to their Namibian operations. "This business makes a significant contribution to overall group results each year," he said.

According to financial statements, during the reporting period, Namibia contributed 33% of the revenue and 30% of the PBT while turnover amounted to P1.6 billion, which was a growth of three percent on the prior year despite one less trading week. Trading under the Metro Namibia, the group operates 25 stores that are strategically located across Namibia.