Luxembourg firm seeks to acquire Regent, Hollard

A Luxembourg-registered firm, Direct Axis International (DAI) has expressed interest in acquiring two local insurance companies; Regent Botswana and Hollard Botswana. In a statement this week, the Competition Authority announced that it has received a merger notification for the proposed acquisition.

DAI seeks to acquire 100% issued share capital of the Regent Botswana Group and 70% issued share capital in the Hollard Botswana Group.

The authority therefore sought any stakeholder views for, or against, the proposed merger, which may be sent within 10 days from date of publication.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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