KBL and BBL Announce Political Party Donations
30 July 2009
Kgalagadi Breweries (Pty) Ltd [KBL] and Botswana Breweries (Pty) Ltd [BBL] announced today that they have decided to donate a total of Two Million Pula as funding to political parties in the forthcoming Botswana general elections as part of the group's humble efforts to contribute to the furtherance and entrenchment of multi-party democracy in Botswana.
The donations, which are being made in an open and transparent manner, with appropriate disclosure, have been allocated on the basis of each political party's popular vote at the last election. The donations shown below will be paid to registered political parties and not individuals and such payments will be properly accounted for and receipted.
PARTY Votes Achieved % of Total Votes Share of P2M
BDP 213,308 50.63% 1,012,685
BNF 107,451 25.51% 510,126
BCP 68,556 16.27% 325,471
BAM 11,716 2.78% 55,622
BPP 7,886 1.87% 37,439
NDF 3,237 0.77% 15,368
MELS 121 0.03% 574
IND 104 0.02% 494
REJECTED 8,893 2.11% 42,220
TOTAL 421,272 100.00% 2,000,000
KBL and BBL have entrenched a culture of innovation and constantly being proactive. This is especially so in cases where the companies find creative ways and initiatives of effectively partnering with Government in key priority areas. We believe that political progress is crucial to Botswana's continued stability and growth and trust that these donations will aid that progress by positively advancing multi party democracy in Botswana. Moreover, the donations are in line with the companies' broader Public and Corporate Affairs strategy to align with the needs and aspirations of stakeholders and civil society.
Thapelo Letsholo Director of Corporate Affairs & Strategy Tel: +267 3953 619