Crushing rejection of ABC buyout offer

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Shareholders owning over 45% of ABC Holdings (ABCH) have rejected a buyout offer from controlling stakeholder, African Development Corporation (ADC).

 

Crushing rejection of ABC buyout offer

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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