Wilderness maintains profit growth

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Tourism concern, Wilderness Holdings profitability continues to increase significantly with profit after tax rising by 75 percent to P48 million.

In a statement accompanying the results of the year ended February 28, 2014, Wilderness Holdings chairman Parks Tafa said revenue grew by 16 percent mainly driven by organic expansion of existing businesses, increased yield per bed nights and exchange rate gains due to depreciating local currencies.

“Revenue grew by 16 percent to P1.4 billion despite reduction in available bed nights to P210 million,” said Tafa.

Editor's Comment
Gov't, unions must find common ground

The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...

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