Imara offloads subsidiary for P100m

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Diversified Pan-African financial services concern, Imara Holding limited, is disposing of one of its stockbroking subsidiary for P100 million, as the company streamlines its business portfolio.

 

The Botswana Stock Exchange (BSE) listed company announced on Monday that it had entered into an agreement with MMI Strategic Investments Proprietary for the disposal of South African stockbroking division, Imara S.P. Reid (ISPR).

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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