Wilderness maintains profit growth
Tuesday, May 27, 2014
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.
Botswana's cattle industry is one of the country's greatest assets. For many families, cattle are a source of income, food, pride, and culture. They pay school fees, build homes, and support livelihoods. Beyond the farm, the beef industry creates jobs and earns the country valuable foreign exchange through exports.That is why the construction of the new containment fence should not be viewed as just another government project. It is an...