News from African stock market traded companies
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Sep 10, 2024 –
What was one of the significant achievements of the PrimeTime Group in the latest financial period? One of the significant achievements of the PrimeTime Group in the latest financial period was the completion and full occupancy of the Motswere building in Gaborone’s Central Business District.
Articles | Botswana | Property
Sep 10, 2024 –
What was one of the significant achievements of the PrimeTime Group in the latest financial period? One of the significant achievements of the PrimeTime Group in the latest financial period was the completion and full occupancy of the Motswere building in Gaborone’s Central Business District.
Articles | Botswana | Property
Sep 10, 2024 –
What is the key takeaway from Chobe Holding Limited’s 2024 abridged financial report? The key takeaway is that Chobe Holdings Limited has reported significant financial growth for the year ended 29 February 2024 with strong performances bolstered by increased occupancy levels and effective marketing strategies. Looking forward, the company shows […]
Articles | Botswana | Tourism
Aug 1, 2024 –
What is a key takeaway from Lucara Diamond Corp.’s Q1 2024 performance? A key takeaway from Lucara Diamond Corp.’s Q1 2024 performance is that despite a challenging macroeconomic environment, the Company has maintained a solid operational performance with successful recoveries of valuable diamonds, negotiated strategic sales agreements, and managed to […]
Articles | Botswana | Mining
Jul 4, 2024 –
What is the progress of the Lesedi Project led by Tlou energy? The Lesedi Project has made significant strides. The transmission lines connecting the project to Botswana’s power grid have been fully constructed and gas gathering lines are being laid to connect Tlou’s gas wells to the generation site. The […]
Articles | Botswana | Energy
Jul 4, 2024 –
What is RDC’s strategy in terms of managing interest rate risk? RDC’s strategy to manage interest rate risk involves gradually building its hedge portfolio by capitalizing on opportunities when there are decreases in the yield curve. During the year, they took out two new interest rate caps in South Africa […]
Articles | Botswana | Property
Jul 2, 2024 –
What factors contributed to the 58% increase in the Group’s profit before tax for the year ended 31st January 2024? The significant increase in the Group’s profit before tax was mainly due to the surge in rental revenues across all jurisdictions. Despite an increase in operational expenses, the Group also […]
Articles | Botswana | Investment
Jun 20, 2024 –
What challenges does the Standard Chartered Bank Botswana Limited face in light of the current global economic climate? The major challenge for the bank lies in the aftermath of the aggressive monetary tightening cycle. It might lead to a slower growth rate, particularly in developed economies. Moreover, existing geopolitical tensions […]
Articles | Botswana | Banking
Jun 19, 2024 –
What is the primary driver for the increase in SBHL’s profit after tax? The primary driver for the increase in Sechaba Brewery Holdings Limited’s profit after tax is the increase in sales revenue from its associate companies, Kgalagadi Breweries and Coca Cola Beverages (Botswana).
Articles | Botswana | Beverages
Jun 7, 2024 –
What is the strategic goal of the CA&S Group in terms of revenue? The CA&S Group aims to achieve a revenue target of R20 billion by 2026.
Articles | Botswana | Industrial holding
Jun 7, 2024 –
How has Absa Bank Botswana performed economically in 2023? In 2023, the bank saw a double-digit growth in its top line, with costs increasing due to investment in business areas. Customer deposits surpassed the P18billion mark, representing a 10% growth year on year. Furthermore, Retail revenue played a significant role […]
Articles | Botswana | Banking