Absa told to revise its bid for Capricorn

Namibia's central bank would consider a reconfigured bid by South Africa's Absa Bank to take up rather a minority equity in Capricorn Investment Holdings .

Capricorn Investment Holdings(CIH) is the majority shareholder in  Namibia's second largest commercial bank, Bank Windhoek and Botswana's Bank Gaborone.

Namibian authorities in July blocked Absa, which already runs a representative office in Namibia, from buying a majority stake in Capricorn Investment Holdings citing fears about increased foreign dominance in the financial sector.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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