G4S Botswanas acquisition drive to continue

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Acquisition of profitable business entities by G4S Botswana will continue, Mmegi Business has established.

Speaking at a media briefing recently, the managing director of G4S Botswana, Moraki Mokgosana, said the move was intended to give significant strength to the strategic development of G4S Botswana in terms of both footprint and capability. It would also allow the company to deliver a wider range of outsourced solutions to both existing and new markets. “I do not find anything wrong with G4S entering into mergers with local businesses which have the potential to contribute to our growth as G4S Botswana,” Mokgosana said.  “The decision is not intended to scale down on the competition, as some might be made to believe, but is geared towards the broader global aspirations of the company.”

Mokgosana was unveiling the company’s audited financials for the year ended 31 December 2011 to the media.

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