RDC opens offer for PrimeTime equity
Friday, June 13, 2025 | 110 Views |
Landmark: Masa Centre is one of RDC’s flagship properties in Botswana
The latest developments come after a tense 2024 in which RDC launched a hostile takeover bid for PrimeTime, sparking complaints to the BSE which instituted a probe into the matter last October. A hostile takeover, a rarity in the local market, occurs when a bidder approaches target investors directly for their shares, rather than going through the board or management.
RDC Properties says the strategic move will strengthen its portfolio and expand its presence in areas and sectors where it currently does not have a footprint.
Instead, they should serve as a warning to health authorities, community leaders, and policymakers that something is not right. According to the Palapye District Development Committee’s latest report, 130 abortion cases were recorded between April and June 2026.On the face of it, the overall figure may represent a decline from the preceding quarter. However, going deeper into the figures, the monthly trend tells a different and more worrying...