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
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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