JSE firm snaps up Document Bank Botswana

Document Bank Botswana is now part of Metrofile
Document Bank Botswana is now part of Metrofile

Metrofile Holdings, the Johannesburg Stock Exchange-listed integrated records and information management group, has snapped up full equity in Document Bank Botswana, Mmegi Business has learnt.

The value of the transaction is yet to be revealed. Metrofile, regarded as the leading name in the African market, yesterday said the deal was part of a strategy of acquiring ‘bolt-on’ acquisitions in areas believed to offer medium to long-term growth opportunities.

Executives said the Botswana purchase was part of an overarching Africa expansion strategy.

Editor's Comment
Justice served, but healing must follow

His horrific actions, betraying the trust placed in him to protect children have rightly been met with the full force of the law. Whilst we commend the court’s decision, this case forces us to confront uncomfortable truths about safeguarding our children and the lifelong scars such abuse leaves.Magistrate Kefilwe Resheng’s firm sentencing sends a powerful message that those who harm children will face severe consequences. Her words rightly...

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