New investor snaps up 13m Imara shares

Imara shares are tranding at P 3. 00 per share on the BSE
Imara shares are tranding at P 3. 00 per share on the BSE

An investor recently snapped up 12.9 million shares of listed financial services firm, Imara Holdings Limited, in open trading on the Botswana Stock Exchange (BSE).

In a statement announcing the unprecedented shares trading activity, Imara stated that between March, 27, 2015 and April, 1, 2015 there had been ‘abnormally high trading activity in the Imara counter.’

“A total of 12.9 million Imara shares have been traded representing 21.96 percent of the issued capital of Imara.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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