BPOPF in the middle as RDC pursues PrimeTime
Friday, May 31, 2024 | 760 Views |
Landmark: Pilane Crossing is one of PrimeTime’s retail assets
The BPOPF, which is the country’s largest pension fund, held 38.8% of RDC Properties as at December, being the single largest shareholder. The pension fund also held nearly 33% of PrimeTime as at August last year, being the largest shareholder as well.
“The pension fund wields the power in the deal and in fact, will play the role of a kingmaker,” an analyst told BusinessWeek.
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...