Bona Life eyes rebound to market strength
Friday, October 28, 2022 | 740 Views |
Hopeful: Keakabetse expects Bona Life to regain its market share PIC: PHATSIMO KAPENG
Bona Life first established as Bramer Life in 2014 found itself in statutory management in 2015 after one of its shareholders, a Mauritian company ran into legal troubles.
At the time, help came from BPOPF which had set up a P500 million private equity investment fund run by an asset management firm, Capital Management Botswana (CMB).
“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...