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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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