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Chobe’s rebound exceeds pre-COVID levels

Beyond the numbers: Odumetse says Chobe’s success is due to its employees and supply chain
Beyond the numbers: Odumetse says Chobe’s success is due to its employees and supply chain

Travel and tourism group, Chobe Holdings’ share price has risen by about 88% percent this year, the best performance on the Botswana Stock Exchange. Profits and occupancies have also risen by double digits in the half year. Group MD, Lempheditse “MC” Odumetse speaks to Staff Writer, MBONGENI MGUNI on the factors behind the numbers

Established 40 years ago, Chobe Holdings Limited operates two famous safari brands, Desert & Delta Safaris and Ker & Downey Botswana, as well as providing safari services through its tour operator The Booking Company and integrated air charter operator Safari Air. The iconic lodges and camps spread throughout the tourism heartland in the northwest under the Chobe group include Chobe Game Lodge, Chobe Savanna Lodge, Savute Safari Lodge, Camp Moremi as well as Dinaka, Footsteps, Kanana, Shinde and others.

In 2019 Chobe purchased the Sedia Riverside Hotel in Maun and is currently renovating the hotel to achieve a three star-grading. The group is also involved in the diversification of northern Botswana’s rural economy through its shareholding in Chobe Farms and Chobe Bream.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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