Atlas courts ABC minority shareholders

ABC group CEO Doug Munatsi
ABC group CEO Doug Munatsi

London stock exchange listed, Atlas Mara, is set to complete the takeover of ABC Holdings. This comes after the firm announced an intention to buy out the remaining minority local and Zimbabwe shareholders in the banking group.

Atlas Mara has already snapped up 95,84 percent of ABC’s shares, paving way for the delisting of ABC Holdings from the local and Zimbabwe bourses, as the banking group transitions into a privately owned company.

ABC is the holding company for retail medium-sized banking entity, BancABC.

Editor's Comment
Let’s put the fight against crime in action

But as the conference concludes, Batswana must ask: Will this be another talk shop, or will it spark real change? The answer lies in whether every stakeholder, from the President to community leaders, transforms rhetoric into action.The President rightly highlighted that crime, especially GBV, thrives in private spaces. His call to empower churches and counsellors as early warning systems is sensible. But good ideas mean little without funding...

Have a Story? Send Us a tip
arrow up