the monitor

RDC Properties awaits BSE ruling on PrimeTime acquisition probe

Masa Centre
Masa Centre

RDC Properties has informed shareholders that investigations commissioned by the Botswana Stock Exchange (BSE) into the proposed acquisition of PrimeTime are still ongoing.

According to RDC, the decision from the BSE’s regulatory committee is now expected in April 2025. This follows an earlier indication that the outcome would be delivered in March 2025.

"The company remains confident in its full compliance with all applicable rules and regulations related to the general offer. The company has and will continue to cooperate fully," RDC stated.

Editor's Comment
Gov't must empower DCEC urgently

As the new Umbrella for Democratic Change (UDC) government takes charge, it must act decisively to equip the Directorate on Corruption and Economic Crime (DCEC) with the tools, laws, and resources needed to combat graft. The time for half-measures is over. DCEC Director-General, Botlhale Makgekgenene’s, recent address to the Public Accounts Committee paints a stark picture. Over five years, leadership instability, chronic underfunding and weak...

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