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
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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