Lobatse, Selebi-Phikwe cooperatives form partnership

SELEBI-PHIKWE: The Selebi-Phikwe miners’ Savings and Credit Cooperative Society (SACCOS) and its Lobatse counterpart, Itshetseng Savings and Credit Cooperative Society on Saturday concluded negotiations to form a joint venture to improve their economic standing.

Both societies have engaged their legal advisors to draft the agreement that will govern this partnership.

Outgoing Selebi-Phikwe SACCOS chairman Western Ebepile said both societies have agreed to be joint owners of a shopping complex bought at a cost of P4 million in Lobatse. He said the overall management and control of the business of the joint venture would be vested upon the management board of both societies.

Editor's Comment
Doping needs our collective action

As such, we are now one step away from the shame of being labelled amongst the world’s worst offenders. This is a national embarrassment that demands an immediate, united response from every corner of our society. Pointing fingers is useless, we must all hold up our hands and play our part in the dealing with this matter.To our government and the Botswana National Sports Commission (BNSC), the call is for the to adopt decisive leadership and...

Have a Story? Send Us a tip
arrow up