Experts forecast bright future for Chobe Holdings

Tourism industry is strong on the recovery path
Tourism industry is strong on the recovery path

Tourism group, Chobe Holdings Limited is set to greatly benefit from the robust outlook for the tourism sector, if a recent research by Stockbrokers Botswana is anything to go by.

The brokerage firm said projections point to an improved outlook in key markets for Chobe, which owns and operates eco-tourism luxury lodges and camps in Botswana and Namibia.

Stockbrokers research analyst, Thatayaone Motsomi said the global economic recovery will likely see increased flows of visitors looking to explore the region’s attractions.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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