Sefalana Holding Company, a leading retail conglomerate led by Botswana retail tycoon Chandra Chauhan, has announced its most lucrative full-year dividend ever, setting a new benchmark in its financial achievements.
The group declared a substantial dividend of 65 thebe per share, following a year marked by great performance despite numerous industry challenges.
Overcoming industry challenges with strategic agilitySefalana, a major player in the retail, wholesale, and manufacturing sectors, reported a 10 percent increase in pretax profits, totaling P443 million ($564 million), for the 52-week period ending recently.
This growth comes amidst increased competition, supply chain disruptions, and margin pressures, particularly felt in the wholesale and retail divisions.
