G4S revenue jumps on new contracts

G4S is the largest security company in Botswana
G4S is the largest security company in Botswana

Security solutions group, G4S Botswana reported higher revenue growth last year, helped by new contracts acquired in facilities management and cash solutions.

G4S runs a wide array of services ranging from manned security, cash solutions, security systems, cleaning services, facilities management and fleet management.

The group’s revenue for the year rose 2.8% to P213.9 million from P207.9 million in 2015.

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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