ABC minorities spurn Atlas Mara offer
Friday, November 21, 2014
In September, Atlas Mara made a mandatory offer to minority shareholders of ABCH constituting 4,2 percent of the banking group’s share capital.
This came after Atlas Mara had acquired 95,8 percent in the banking group with operations in Zimbabwe, Botswana, Zambia, Mozambique and Tanzania under the BancABC brand.
As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...