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
Justice delayed is trust denied

Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...

Have a Story? Send Us a tip
arrow up