DTC Sightholder choked by debt, loses diamonds
Friday, February 13, 2009
DDA of Botswana is at the centre of a brewing storm with Standard Chartered Bank of Botswana for failure to service debt, forcing the bank to seek redress from the courts.
Reports coming through are that the bank, through the Deputy Sheriff's office armed with a High Court order, pounced on the DDA's offices last Monday and attached DDA property including diamonds stocks, which are failing to attract buyers or good market prices.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...