Down to the wire at Choppies, as cash crisis builds
On September 4, suspended CEO and major shareholder, Ramachandran Ottapathu faces off against Choppies’ non-executive directors in a secret ballot that will decide the retail giant’s future. The shareholders, whose votes are much-sought after currency in the fight, are under adde...
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Okaile Appears In Court, Marsland Charged
Rapula Okaile and Timothy Marsland, the directors of Capital Management Botswana (CMB), have been charged with one count of attempting to obtain by false pretence in a matter involving about P80.5 million from Botswana Insurance Fund Management (BIFM).
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Sunday Standard
Capital market makers could affect stock closing prices
The Botswana Stock Exchange Limited (BSEL) intends to make further changes to its market making rules, which will result in the changes affecting the closing price of the quoted stocks, the bourse revealed this week.
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Sunday Standard
Letshwiti also grabs his “share” of BTCL
Local businessman and one of the directors of the country’s only listed teleco – BTCL, Maclean Letshwiti has bought 100 000 ordinary shares of the company. The announcement was made by the company mid this week.
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Sunday Standard
Thari Pheko grabs 110 000 BTCL shares
Former Chief Executive Officer of the Botswana Telecommunications Authority (BOCRA) – Thari Pheko has purchased 110 000 ordinary shares of Botswana Telecommunications Corporation Limited making it to be one of the largest purchase by an individual investor.
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NBFIRA pursues CMB affiliate over P164m
The Non-Bank Financial Institutions Regulatory Authority (NBFIRA) is going after P164 million in property and other assets it alleges are illegally housed in a Capital Management Botswana (CMB) associate.
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Sunday Standard
It’s another poor run for BTCL…
Shareholders of the Botswana Telecommunications Corporation Limited (BTCL) should gear for yet another round of financial figures that portrays a rough operational year.
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