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
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

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