Citizens buy majority stake in First Sun

Thursday, April 07, 2016

Insurance firm, First Sun Alliance (FSA) hopes that its recent inclusion of citizen shareholders to acquire a majority stake will help drive the firm’s strategic plan through citizen empowerment.

The firm, which prides itself on being an ‘all-risk insurance provider’, announced on Tuesday that it has enlisted new citizen shareholders; Tiny Kgatlwane, Tebatso Lekalake, Keneilwe Mere and Kgaotsang Matthews, to acquire a majority stake of 51 percent in First Sun Alliance.

FSA managing director, Paul Chitate told Mmegi Business that the inclusion will put the company on a more competitive edge through citizen empowerment and joining up with qualified people in a high level.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Botswana- U.S health milestone celebrated

Johannes Kambai | 2d ago

Makgekgenene dismisses forced exit claims

Spira Tlhankane,Tsaone Basimanebotlhe | 2d ago

The night the dead tree sang again

Spira Tlhankane | 2d ago

GU reveal Tanzania ordeal: Coach punched, players attacked

Kabelo Boranabi | 2d ago

Botswana’s athletes enter the big-money era

Mqondisi Dube | 2d ago

Dinaledi chase World Cup qualification

Calistus Kolantsho | 2d ago

Gunners look to break hoodoo against Rollers

Boitumelo Khutsafalo | 2d ago

New Era bets on employability in new strategy

Larona Makhaiza | 17 Sep 2026

The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Mmegi Editor | 11 September 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.