Puma Enters Botswana Through The Wilderness

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International sportswear manufacturer, Puma, has snapped up a 20-percent stake worth P185 million in Botswana's tourism concern Wilderness Holdings through a private placement.

Wilderness, which is currently in the process of listing on the Botswana Stock Exchange, has been in Botswana for the past 26 years and has operations in the Chobe, Linyanti and the Okavango Delta.

In an interview with Monitor recently, Wilderness CEO Andy Payne said Puma bought 46.4 million shares while Puma chairman and CEO Jochen Zeitz bought a one-percent stake worth P16.7 million in his individual capacity from the 56.3 million that were on the placement.

Editor's Comment
Students wellbeing is a priority

The research presented at the recent Botswana Secondary School Teachers Union symposium should serve as a wake-up call to us all.We are so focused on coding, artificial intelligence, and the jobs of tomorrow that we are neglecting the basic safety and emotional well-being of the children sitting in our classrooms today.Statistics are deeply worrying. One study revealed that 34% of secondary school learners in Gaborone meet the criteria for a...

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