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BSE clears RDC’s path for PrimeTime takeover bid

Saturday, May 10, 2025 | 210 Views |

Landmark: Lobatse Junction is one of PrimeTime’s flagship assets

An investigative committee of the Botswana Stock Exchange (BSE) has given RDC Properties the green light to proceed with its long-suspended bid for a stake in property sector rival PrimeTime.

This follows a comprehensive ruling by the BSE regulatory committee, which had been probing the hostile takeover from October last year until this month.

In a six-page ruling issued publicly this week, the BSE’s committee not only cleared RDC Properties of several key allegations but also reset the clock on the takeover timeline.

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BSE clears RDC’s path for PrimeTime takeover bid

An investigative committee of the Botswana Stock Exchange (BSE) has given RDC Properties the green light to proceed with its long-suspended bid for a stake in property sector rival PrimeTime.