Sefalana Post P1.8 Billion Revenue In Six Months

Chandra Chauhan PIC: KABO MAPETONA
Chandra Chauhan PIC: KABO MAPETONA

Sefalana Group has registered an 18 percent jump in revenue to P1.8 billion in the half-year period to October 2015. Gross profits were also 11% up on prior period at P146 million, but profit before tax, at P80.4 million was at level with prior period.

The group’s largest subsidiary, Sefalana Cash and Carry Limited (Botswana) contributed 66% and 58% of the group’s revenue and profit before tax.

The group also reported knock down effect of the falling South African Rand at its Namibian market where the falling Rand shaved off R15 million when the Namibian Dollar was converted to the Pula.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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