Afinitas acquires 50% stake in London conference

Tumelo
Tumelo

The newly listed investment firm, Afinitas Limited has acquired a 50 percent stake in the annual Africa Financial Services Investment Conference (AFSIC).

Afinitas executive director, Leutlwetse Tumelo told Mmegi Business on Tuesday that the acquisition is a step in the right direction for the company as it now has a subsidiary.

The 50 percent stake in the London-held conference is being bought for a nominal fee of $100 (P1,040) as its beneficial owner, Rupert McCammon,  is also a majority shareholder in Afinitas.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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