Sefalana�s new Lesotho stores rake in P155m

Tuesday, August 01, 2017

Local retailer, Sefalana says its recently acquired subsidiary in Lesotho has contributed significantly to the topline accruing revenues of P155 million in the first six months of trading.

Presenting their financial results for the year ended April 30, 2017, Sefalana managing director, Chandra Chauhan said the mountain kingdom’s market has a lot of potential and they are currently exploring other sites in Maseru for additional store opening.

“This acquisition gave us a very strong presence in that market from our first day of trading by increasing the group turnover by P155 million in the first six months of operation.

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Sefalana�s new Lesotho stores rake in P155m

Local retailer, Sefalana says its recently acquired subsidiary in Lesotho has contributed significantly to the topline accruing revenues of P155 million in the first six months of trading.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

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