Mmegi

Cresta back to profitable earnings

BG reporter

A· Individuals must the year reside ended in 31 Tsabong December 2021,” / Ghantsi people and driven must focus be familiar and ongoing said the company in a statement on community partnerships tipped to with the surrounding areas. s the tourism industry emergthe bourse. The statement expects contribute to the local economy and es from the · doldrums Must followhold a valid the profit drivers before license. tax to be between boost the company’s performance. ing the hard- · hitting Must COVHave own P70.2 transportation. million to P75.6 million on “Our ongoing property developID- 19 pandemic, Cresta Marakanelo audited financial statements for the ments and the considerable improve· Must be 25 years and above.

anticipates an increase in its profit year ended 31 December 2022 to ments to our infrastructure is a key before tax on last · year’s Citizen operations. of Botswana. be released by 31 March 2023. The avenue in which we will improve our The Botswana Stock Exchange ( BSE) announcement comes on the backvalue proposition in the market, and

· Must have good communication and negotiation skills.

listed company this week announced drop of Cresta Marakanelo’s annual most importantly enhance our guest that financial results · for Must the period be a hardworker and pays attention to detail.

forecast at the beginning of the year, experience across all our properties,” to be reported upon will differ by at indicating a positive outlook for the said Morulane. Currently, the comleast 10 percent from those of the year. “2023 is a year of consolidation pany is working on the extension

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previous corresponding period. for the Group as the business fully of Cresta Mahalapye Hotel to add

“Shareholders are advised that the recovers from the effects of Covid- 19 60 rooms and launch an additional audited consolidated profit before and resumes its growth strategy, state- of- the- art conferencing facility.

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tax of Cresta Marakanelo for the year which will focus on both organic and “The second half of the year will ended 31 December Cbet 2022 ( Pty) is estimatLtd, inorganic growth,” said Cresta Mansee us unveil the Cresta Mahalapye ed to have increased Circulation by 133 percent Department, aging Director, Mokwena Morulane. Hotel extension and avail it to the to 143 percent compared to the loss According to Morulane, the positive market, which will enable us to

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before tax from continuing operaoutlook will be hinged to the Cresta’s cater for larger groups for our actions of P52.9 million reported for ongoing property developments, commodation, food and beverage and conferencing clientele. “This development also allows us, as we grow, to provide more employment opportunities for Batswana, as well as increase the scale of our support to the various local producers and suppliers we work with,” highlighted Morulane. In addition, Cresta Thapama Hotel in Francistown is undergoing a facelift and room refurbishment, with the renovation of all of its 96 rooms expected to be completed in the second quarter of the year. “At the heart of our strategy for the year, we look forward to reiterating our commitment to our people, strengthening our partnerships with our communities, delivering exceptional service to our guests, escalating our sustainability efforts and being kind to our environment,” said Morulane.

BG BUSINESS

en-bw

2023-03-24T07:00:00.0000000Z

2023-03-24T07:00:00.0000000Z

https://enews.mmegi.bw/article/281865827716682

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