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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
Mob justice isn't just

A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...

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