Chobe Holdings embraces adopt-a-school
Friday, November 03, 2023 | 500 Views |
Ploughing back: Chobe Holdings Limited recently inked an MOU with four local schools in Maun
The company, which is one of the country's largest tourism groups, recently inked an MoU with four local schools, namely Sedie, Tsodilo Junior Secondary Schools (JSS), Letsholathebe and Mathiba Primary Schools, as part of its corporate social responsibility (CSR) and planting back some of their profits to the community they serve. The government's adopt-a-school programme, administered by the MESD, was created with the aim of fostering quality and partnership in the education of students. In his address, Chobe Holdings Limited Group managing director Lempheditse Odumetse stated that the company is a listed entity that was established in Botswana and noted that the majority of their dividends are reinvested into the nation.
According to Odumetse, being a listed firm permits those who are unable to obtain a concession to manage a lodge to purchase shares through the Botswana Stock Exchange, allowing them to make a profit without managing. "We have direct obligations to this nation, and the money we get from tourists is deposited into the First National Bank here, where it arrives first. It doesn't travel to another country before it bounces to Botswana," he said. He stated that Chobe Holdings firmly believes in investing in the future of society and giving back to the communities they serve. Odumetse asserts that education is the cornerstone of any society, which is why it is crucial to acknowledge the supply of high-quality education to young minds.
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