Mmegi

BSE clears RDC’s path for PrimeTime takeover bid

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

Editor's Comment
Academic cheating must be rooted out

If the allegations are proved, the educator in question stole not only an exam but also the future of honest students who studied hard.The Ministry of Higher Education acted correctly by suspending the Special Education paper at both Tlokweng and Serowe colleges, as reported elsewhere in this edition.Yet stopping one examination is a short-term fix for a problem that is spreading dangerously across the country.The 2025 Botswana General...

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