mmegi

Botash share disposal to kick off

Revenue spinner: Botash enjoys strong market support in the region and beyond
Revenue spinner: Botash enjoys strong market support in the region and beyond

FRANCISTOWN: South African firm, Chlor-Alkali Holdings' (CAH) process to dispose of its 50% shareholding in Botash will start early in March, amid reports that various international suitors are interested in the equity, BusinessWeek has established.

CAH, a 100% subsidiary of the Bud Group, holds its equity in Botash alongside government which equally owns 50%. The SA firm announced plans to dispose of Botash shares late last year.

This week, sources told BusinessWeek that the process to dispose of the shares will officially begin next month after all the conditions of divestment have been set.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up