Botash bullish after merger approval

Botswana Ash (Botash) says it is looking forward to its new partnership with Chlor Alkali Holdings (CAH) following the approval of the merger by South Africa's Competition Tribunal recently.

"We, as staff of Botswana Ash, look forward to an exciting future with the Government of Botswana as our existing shareholders and Chlor Alkali Holdings as (our) new partner," says the company's Managing Director Derek Cochrane.

In an interview with Mmegi, Cochrane said CAH was identified as the preferred bidder. "With the existing private shareholders of Botswana Ash expressing their desire to sell their shareholding, Chlor Alkali Holdings was identified as the preferred bidder," he said.

Editor's Comment
Shame on State looters

“Your and my legitimacy relies on fighting corruption, discrimination and seeking justice.”– Imam KhameneiThis is laid bare in the recently released Auditor General’s report of 2023. The report highlights that government was plundered off millions of pula in wasteful expenditure and irregular procurement at a time when the country was grappling for every thebe to save its citizens. The report reveals that millions set aside for the...

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