Botswana Magnate Chandra Chauhan Leads Sefalana Group To $716-million Revenue For 2023-24 Financial Year

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botswana magnate chandra chauhan leads sefalana group to 716million revenue for 202324 financial yea

The group's overall profits before tax were P442.8 million ($33 million) which reduced to P335.5 million ($25 million) after accounting for taxes.

In Botswana, Sefalana operates 125 retail stores, which constitute two-thirds of the group's business. These stores include 56 liquor outlets, 34 Shopper stores, 25 cash-and-carry outlets, five convenience stores, four hypermarkets, and one catering outlet.

Together, these stores contributed P182.9 million ($13 million) in profit before tax. The group's total profit before tax in Botswana amounted to P306 million ($22 million), bolstered by its diverse operations within the country.

Sefalana's manufacturing division, particularly Foods Botswana, increased in earnings with P60.2 million ($5 million). This division, known for its Sechaba brand, produces sorghum and samp.