Wilderness hands parting P39m gift to investors
Friday, June 07, 2019
After nine years on the exchange, the tourism giant is due to delist later this month after the majority of shareholders approved a takeover bid led by CEO, Keith Vincent and backed by fund managers. Wilderness, which is active in markets as far as Rwanda, is widely perceived to control the high end of the Okavango Delta’s luxury hospitality market.
According to its recent financials for the year ended February 28, 2019, Wilderness’ shareholders will receive a parting gift of 16.5 thebe per share, before the company goes private.
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...