Minnows and sharks at BBS moment of truth

Friday, April 30, 2021

Day of reckoning: Molefe, Showa and their attorney Mboki Chilisa recently at Lobatse High Court. PIC: MORERI SEJAKGOMO

A large proportion of BBS Limited’s shareholders gather this morning at Avani Hotel, following three weeks of a highly bitter boardroom battle. The first item on the agenda will be whether the meeting should go ahead or be adjourned, report Staff Writers, MBONGENI MGUNI & MPHO MOKWAPE

Botswana Building Society (BBS) shareholders today finally have their say in the troubles that have rocked the building society in recent weeks.

Ever since a highly public brawl broke out pitting managing director, Pius Molefe and company secretary, Sipho Showa on one side and the seven non-executive directors on the other, shareholders have watched, mouths agape, as a flurry of accusations, denials and counter-accusations have flown daily between the two camps.

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