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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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