New investment firm eyes BSE listing


A new pan-African focused investment firm, Afinitas Limited, is gearing up for a P30 million Initial Public Offer (IPO) on the Botswana Stock Exchange (BSE).

The greenfield venture, which recently concluded a P90 million private placement, has already been granted regulatory approval to list 240 million ordinary shares on the Venture Capital board of the BSE.

Local fund managers such as African Alliance, Investec and Afena Capital participated in the private placement giving them a respective 25 percent, 7.5 percent and 5.5 percent shareholding in Afinitas.

Editor's Comment
Women's bodies are not a man's playground!

In most of these cases, all this violence is done in the name of love! Love is a beautiful thing and no one who claims to love another can ever wish harm on the object of their affection let alone inflict pain upon them.A few weeks ago, the nation was shaken following the gruesome murder of two little innocent souls by their father, who after that painful act committed suicide. One of the biggest challenges that we face as a nation is that we...

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