Tourism and Hospitality Giant Sets Sights on Mauritius

Wilderness Holdings, a renowned tourism and hospitality company, is expanding into Mauritius to strengthen its operations in Botswana.

With support from major financial institutions, including Stanbic Bank Botswana, Standard Bank Mauritius, and Standard Bank of South Africa, the company aims to drive its growth while ensuring continuity in Botswana.

Wilderness Holdings plans to invest in human resources and raise capital by relocating its holding company to Mauritius.

This expansion is expected to bring economic benefits to Botswana, with increased capital, sales, and tourist visits.

Despite being delisted from the Botswana Stock Exchange, Wilderness Holdings’ significant contributions to the country’s economy are evident, including substantial payments to the government, dividends to shareholders, and local procurement of goods and services.

Source: BNN