Cresta share price climbs on listing debut
Tuesday, June 29, 2010
Cresta, the domestic board's 21st counter, listed on the BSE yesterday where 352 416 shares exchanged hands in an invigorated trading session which followed the official listing ceremony.
The listing marks the end of a divestment process by the Botswana Development Corporation (BDC), which offloaded its 62.9 million shareholding in Cresta Marakanelo via a private placement, employee scheme and Initial Public Offer (IPO).
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...