Major EU firm snaps up stake in Phikwe Citrus
Friday, April 18, 2025 | 1050 Views |
Ramping up: The Phikwe Citrus Project has attracted a major new investor PIC: SPC FACEBOOK
According to available public records, SPC is 75.58% owned by Zapemm B.V., with the balance held by local business tycoon, Ramachandran Ottapathu.
The deal is set to provide a powerful boost to SPC’s ambitions of expanding its operations and deepening Botswana’s footprint in international agricultural markets.
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...