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KBL shrugs off lockdown hangover

KBL shrugs off lockdown hangover
BOUNCING BACK: Kgalagadi Breweries Limited

Local brewery company, Kgalagadi Breweries Limited (KBL) are in the mood to pop champagne after beating-off the after affects of several prolonged alcohol bans to register a 32 percent increase in profits.

KBL, a subsidiary of Sechaba Brewery Holdings Limited (SBHL), recorded a profit after tax of P316 million for the year ended 31 December 2021, a vast improvement from the P239.5m pocketed the previous year.

KBL, together with Coca Cola Beverages Botswana (CCBB), are the two associates of the publically listed SBHL.

With Covid-19 causing death and disruption for much of the last two ...

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