Pick 'n Pay's Score takeover continues
Friday, March 26, 2010
Pick 'n Pay is rolling out its award-winning franchise in Botswana, with the winning franchisees taking over the 11 Score Supermarkets and expanding the South African company's brand and presence in the country.
Each branch transformation costs between P5 million and P6 million and is financed through a complex arrangement involving guarantees by Pick 'n Pay, funding from First National Bank Botswana and subsidised input by the franchisee.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...